Short Interest in Compagnie Financière Richemont SA (OTCMKTS:CFRUY) Rises By 219.7%

by · The Cerbat Gem

Compagnie Financière Richemont SA (OTCMKTS:CFRUY – Get Free Report) saw a large growth in short interest in the month of September. As of September 30th, there was short interest totalling 217,700 shares, a growth of 219.7% from the September 15th total of 68,100 shares. Based on an average daily trading volume, of 768,700 shares, the short-interest ratio is presently 0.3 days.

Compagnie Financière Richemont Stock Up 0.3 %

OTCMKTS:CFRUY traded up $0.04 during mid-day trading on Friday, hitting $15.32. The stock had a trading volume of 597,558 shares, compared to its average volume of 357,442. Compagnie Financière Richemont has a twelve month low of $11.41 and a twelve month high of $16.91. The stock has a 50-day simple moving average of $14.95 and a two-hundred day simple moving average of $15.12.

Compagnie Financière Richemont Cuts Dividend

The firm also recently declared a dividend, which was paid on Tuesday, October 8th. Shareholders of record on Friday, September 20th were paid a $0.1454 dividend. The ex-dividend date was Friday, September 20th.

Analysts Set New Price Targets

Separately, Barclays upgraded Compagnie Financière Richemont to a “strong-buy” rating in a research note on Tuesday, September 17th.

Read Our Latest Stock Analysis on Compagnie Financière Richemont

Compagnie Financière Richemont Company Profile

(Get Free Report)

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.

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