Short Interest in Beiersdorf Aktiengesellschaft (OTCMKTS:BDRFF) Expands By 88.9%

Beiersdorf Aktiengesellschaft (OTCMKTS:BDRFF) was the target of a large growth in short interest in September. As of September 15th, there was short interest totaling 711,200 shares, a growth of 88.9% from the August 31st total of 376,500 shares. Based on an average daily trading volume, of 3,200 shares, the days-to-cover ratio is presently 222.3 days. Based on an average daily trading volume, of 3,200 shares, the days-to-cover ratio is presently 222.3 days.

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group lowered Beiersdorf Aktiengesellschaft from a “buy” rating to a “hold” rating in a research note on Tuesday, September 16th. One analyst has rated the stock with a Hold rating, According to MarketBeat.com, the company presently has an average rating of “Hold”.

Beiersdorf Aktiengesellschaft Price Performance

Shares of BDRFF stock opened at $105.16 on Friday. Beiersdorf Aktiengesellschaft has a 52-week low of $105.16 and a 52-week high of $148.33. The stock has a 50 day moving average price of $113.94 and a 200 day moving average price of $126.20.

About Beiersdorf Aktiengesellschaft

Beiersdorf Aktiengesellschaft, together with its subsidiaries, manufactures and distributes consumer goods in Europe, the Americas, Africa, Asia, and Australia. It operates in two segments, Consumer Business and Tesa Business. The Consumer Business Segment offers skin and body care products. The Tesa Business segment provides adhesive tapes and self-adhesive solutions for industries, craft businesses, and consumers.