Compagnie Financière Richemont SA (OTCMKTS:CFRUY) Sees Significant Increase in Short Interest

Compagnie Financière Richemont SA (OTCMKTS:CFRUY) saw a large growth in short interest in January. As of January 15th, there was short interest totalling 912,200 shares, a growth of 1,284.2% from the December 31st total of 65,900 shares. Based on an average daily trading volume, of 1,349,000 shares, the short-interest ratio is currently 0.7 days.

Compagnie Financière Richemont Price Performance

Shares of OTCMKTS CFRUY opened at $19.03 on Wednesday. The stock has a 50-day moving average price of $15.34 and a two-hundred day moving average price of $14.99. Compagnie Financière Richemont has a 12 month low of $13.06 and a 12 month high of $19.18.

About Compagnie Financière Richemont

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.