Henkel AG & Co. KGaA (OTCMKTS:HENOY) Sees Significant Decline in Short Interest

Henkel AG & Co. KGaA (OTCMKTS:HENOYGet Free Report) was the target of a large drop in short interest in the month of December. As of December 15th, there was short interest totaling 11,183 shares, a drop of 65.2% from the November 30th total of 32,143 shares. Based on an average daily trading volume, of 25,950 shares, the days-to-cover ratio is currently 0.4 days. Based on an average daily trading volume, of 25,950 shares, the days-to-cover ratio is currently 0.4 days.

Henkel AG & Co. KGaA Stock Performance

Henkel AG & Co. KGaA stock traded up $0.06 during mid-day trading on Friday, hitting $20.56. 791 shares of the company were exchanged, compared to its average volume of 23,648. The business has a fifty day moving average of $20.52 and a 200 day moving average of $20.42. Henkel AG & Co. KGaA has a 1-year low of $18.12 and a 1-year high of $23.83.

About Henkel AG & Co. KGaA

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Henkel AG & Co KGaA is a global leader in adhesive technologies, beauty care, and laundry & home care products. Founded in 1876 by Fritz Henkel and headquartered in Düsseldorf, Germany, the company has built a reputation for innovation and quality across its core business units. Henkel’s Adhesive Technologies segment serves industrial and consumer markets with solutions ranging from structural adhesives and sealants to DIY products for home improvement.

In its Beauty Care division, Henkel offers hair care, hair styling, hair coloring, and oral care products under brands such as Schwarzkopf, Dial, and Syoss.

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