Compagnie Financière Richemont SA (OTCMKTS:CFRUY) Short Interest Down 24.1% in November

Compagnie Financière Richemont SA (OTCMKTS:CFRUY) was the recipient of a significant decline in short interest in the month of November. As of November 30th, there was short interest totalling 122,800 shares, a decline of 24.1% from the November 15th total of 161,800 shares. Based on an average trading volume of 1,426,400 shares, the short-interest ratio is presently 0.1 days.

Analysts Set New Price Targets

Separately, Barclays raised shares of Compagnie Financière Richemont to a “strong-buy” rating in a research report on Tuesday, September 17th.

Compagnie Financière Richemont Trading Up 0.4 %

Compagnie Financière Richemont stock traded up $0.06 during trading hours on Friday, hitting $15.22. 419,447 shares of the stock were exchanged, compared to its average volume of 487,421. The company has a debt-to-equity ratio of 0.29, a current ratio of 2.65 and a quick ratio of 1.97. Compagnie Financière Richemont has a 12 month low of $11.96 and a 12 month high of $16.91. The business’s 50-day moving average is $14.37 and its two-hundred day moving average is $14.97.

Compagnie Financière Richemont Company Profile

Compagnie Financière Richemont SA engages in the luxury goods business in France, the United Kingdom, Italy, Switzerland, and rest of Europe. The company operates through Jewellery Maisons, Specialist Watchmakers, and Other segments. It designs, manufactures, and distributes jewelry products, precision timepieces, watches, writing instruments, clothing, and leather goods and accessories.