Compagnie Financière Richemont SA (OTCMKTS:CFRUY) Short Interest Update

Compagnie Financière Richemont SA (OTCMKTS:CFRUY) was the target of a significant drop in short interest in November. As of November 15th, there was short interest totalling 161,800 shares, a drop of 42.4% from the October 31st total of 281,000 shares. Based on an average daily volume of 1,279,000 shares, the short-interest ratio is presently 0.1 days.

Analysts Set New Price Targets

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

Compagnie Financière Richemont Stock Up 1.0 %

OTCMKTS CFRUY traded up $0.14 on Friday, reaching $13.90. The stock had a trading volume of 471,300 shares, compared to its average volume of 472,171. The company has a quick ratio of 1.97, a current ratio of 2.65 and a debt-to-equity ratio of 0.29. The stock has a fifty day moving average price of $14.41 and a two-hundred day moving average price of $15.03. Compagnie Financière Richemont has a 12-month low of $11.96 and a 12-month high of $16.91.

Compagnie Financière Richemont Cuts Dividend

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

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.