Beiersdorf Aktiengesellschaft (OTCMKTS:BDRFY) Short Interest Down 67.6% in July

Beiersdorf Aktiengesellschaft (OTCMKTS:BDRFY) was the target of a large decrease in short interest in the month of July. As of July 15th, there was short interest totaling 117,324 shares, a decrease of 67.6% from the June 30th total of 361,690 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 368,323 shares, the days-to-cover ratio is currently 0.3 days.

Beiersdorf Aktiengesellschaft Price Performance

Shares of Beiersdorf Aktiengesellschaft stock opened at $17.70 on Friday. The stock has a market capitalization of $19.21 billion and a P/E ratio of 35.77. The business has a 50 day simple moving average of $16.97 and a two-hundred day simple moving average of $19.14. Beiersdorf Aktiengesellschaft has a 12 month low of $15.55 and a 12 month high of $26.30.

Analyst Upgrades and Downgrades

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

About Beiersdorf Aktiengesellschaft

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.