Beiersdorf Aktiengesellschaft (OTCMKTS:BDRFY) Shares Shorted: Short Interest Down 70.1% in September

Beiersdorf Aktiengesellschaft (OTCMKTS:BDRFY) was the recipient of a large decrease in short interest in the month of September. As of September 15th, there was short interest totaling 13,159 shares, a decrease of 70.1% from the August 31st total of 44,020 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 279,125 shares, the short-interest ratio is presently 0.0 days.

Beiersdorf Aktiengesellschaft Trading Up 1.3%

Shares of Beiersdorf Aktiengesellschaft stock opened at $17.95 on Friday. Beiersdorf Aktiengesellschaft has a 52-week low of $15.55 and a 52-week high of $25.98. The company’s 50-day simple moving average is $18.01 and its 200-day simple moving average is $17.43.

Analyst Upgrades and Downgrades

Separately, Zacks Research cut shares of Beiersdorf Aktiengesellschaft from a “hold” rating to a “strong sell” rating in a report on Friday, August 7th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock currently has an average rating of “Sell”.

Beiersdorf Aktiengesellschaft Company Profile

Beiersdorf Aktiengesellschaft is a Germany-based consumer goods and adhesive technology company headquartered in Hamburg. Founded in 1882 by pharmacist Paul C. Beiersdorf, the company developed from a manufacturer of medical and skin-care products into an international group serving consumers and businesses worldwide.

Beiersdorf’s Consumer business focuses on skin care, personal care and dermatological products. Its portfolio includes well-known brands such as NIVEA, Eucerin, La Prairie, Aquaphor, Hansaplast and Coppertone.