Henkel AG & Co. (OTCMKTS:HENKY) Sees Significant Drop in Short Interest
by Jessica Moore · The Cerbat GemHenkel AG & Co. (OTCMKTS:HENKY – Get Free Report) was the recipient of a large decline in short interest during the month of May. As of May 15th, there was short interest totaling 8,954 shares, a decline of 86.7% from the April 30th total of 67,487 shares. Based on an average daily volume of 215,080 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are short sold.
Henkel AG & Co. Stock Performance
HENKY traded down $0.17 during trading on Friday, hitting $18.12. The company’s stock had a trading volume of 110,615 shares, compared to its average volume of 104,735. The firm’s 50 day moving average price is $17.89 and its two-hundred day moving average price is $19.25. The company has a current ratio of 1.20, a quick ratio of 0.91 and a debt-to-equity ratio of 0.07. Henkel AG & Co. has a 12 month low of $16.83 and a 12 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.