Henkel AG & Co. (OTCMKTS:HENKY) Short Interest Update

Henkel AG & Co. (OTCMKTS:HENKY) was the recipient of a significant decrease in short interest during the month of August. As of August 14th, there was short interest totaling 6,721 shares, a decrease of 68.9% from the July 30th total of 21,628 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 160,076 shares, the days-to-cover ratio is presently 0.0 days.

Analyst Ratings Changes

Separately, Zacks Research raised Henkel AG & Co. from a “strong sell” rating to a “hold” rating in a report on Wednesday, August 12th. One investment analyst has rated the stock with a Strong Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy”.

Henkel AG & Co. Stock Performance

Shares of HENKY traded up $0.08 during midday trading on Friday, reaching $20.33. 79,350 shares of the stock were exchanged, compared to its average volume of 86,650. The business’s 50-day moving average price is $20.30 and its 200 day moving average price is $19.46. The company has a quick ratio of 0.91, a current ratio of 1.20 and a debt-to-equity ratio of 0.07. Henkel AG & Co. has a twelve month low of $16.83 and a twelve month high of $22.82.

About Henkel AG & Co.

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.