Beiersdorf Aktiengesellschaft (OTCMKTS:BDRFY) Sees Large Growth in Short Interest

Beiersdorf Aktiengesellschaft (OTCMKTS:BDRFY) was the recipient of a large increase in short interest in the month of June. As of June 30th, there was short interest totaling 361,690 shares, an increase of 1,765.5% from the June 15th total of 19,388 shares. Based on an average daily trading volume, of 1,560,785 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.0% of the shares of the stock are short sold.

Beiersdorf Aktiengesellschaft Stock Up 1.0%

Shares of BDRFY traded up $0.18 during midday trading on Friday, hitting $17.78. The company’s stock had a trading volume of 92,343 shares, compared to its average volume of 324,516. Beiersdorf Aktiengesellschaft has a one year low of $15.55 and a one year high of $26.41. The stock has a market capitalization of $19.29 billion and a price-to-earnings ratio of 35.77. The company’s fifty day simple moving average is $16.69 and its two-hundred day simple moving average is $19.42.

Analyst Ratings Changes

Separately, Zacks Research raised shares of Beiersdorf Aktiengesellschaft to a “hold” rating in a report on Thursday, April 30th. One analyst has rated the stock with a Hold rating, According to MarketBeat, Beiersdorf Aktiengesellschaft presently has an average rating of “Hold”.

Beiersdorf Aktiengesellschaft Company Profile

Beiersdorf Aktiengesellschaft, trading in the United States under the symbol BDRFY, is a German consumer goods company specializing in skin care and adhesive technologies. Founded in Hamburg in 1882, Beiersdorf has grown into a global player in personal care, developing and marketing products designed to maintain and restore skin health. The company’s core business segments encompass consumer skin care, medical skin care, and tesa adhesive technologies, serving both retail and professional customers.

In its consumer skin care division, Beiersdorf is best known for its flagship NIVEA brand, one of the world’s leading skin care names.