Henkel AG & Co. (OTCMKTS:HENKY) Sees Significant Growth in Short Interest

Henkel AG & Co. (OTCMKTS:HENKYGet Free Report) was the target of a significant increase in short interest in December. As of December 15th, there was short interest totaling 39,583 shares, an increase of 33.9% from the November 30th total of 29,557 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 235,324 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily volume of 235,324 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.0% of the company’s shares are short sold.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the stock. Royal Bank Of Canada raised shares of Henkel AG & Co. to a “hold” rating in a research report on Wednesday, September 17th. BNP Paribas upgraded shares of Henkel AG & Co. from a “hold” rating to a “strong-buy” rating in a report on Monday, September 8th. Two analysts have rated the stock with a Strong Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Buy”.

View Our Latest Research Report on HENKY

Henkel AG & Co. Stock Performance

OTCMKTS HENKY opened at $19.04 on Tuesday. Henkel AG & Co. has a 52 week low of $16.54 and a 52 week high of $21.34. The business has a 50 day moving average price of $18.96 and a 200-day moving average price of $18.76.

Henkel AG & Co. Company Profile

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Henkel AG & Co KGaA is a German multinational company headquartered in Düsseldorf that develops, manufactures and markets a broad range of consumer and industrial products. Founded in 1876 by Fritz Henkel, the company has grown into a diversified chemical and consumer goods group organized around three global business units: Adhesive Technologies, Beauty Care and Laundry & Home Care. Henkel serves industrial clients as well as retail and professional consumers through a combination of branded consumer products and business-to-business solutions.

The Adhesive Technologies unit supplies adhesives, sealants and functional coatings for industrial applications and is a major supplier to sectors such as automotive, electronics and packaging; its portfolio includes well-known product families such as Loctite.

Further Reading

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