Henkel AG & Co. (OTCMKTS:HENKY) Short Interest Down 43.8% in March
by Renee Jackson · The Cerbat GemHenkel AG & Co. (OTCMKTS:HENKY – Get Free Report) was the recipient of a significant decrease in short interest during the month of March. As of March 31st, there was short interest totaling 30,694 shares, a decrease of 43.8% from the March 15th total of 54,577 shares. Based on an average daily trading volume, of 316,202 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are sold short.
Henkel AG & Co. Stock Performance
Shares of HENKY stock opened at $18.41 on Monday. The firm has a 50-day moving average of $20.15 and a 200-day moving average of $19.46. Henkel AG & Co. has a one year low of $17.00 and a one year high of $22.82.
Wall Street Analyst Weigh In
Separately, Barclays downgraded shares of Henkel AG & Co. from a “strong-buy” rating to a “hold” rating in a report on Friday, January 23rd. One research analyst has rated the stock with a Strong Buy rating and three have given a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy”.
Read Our Latest Report on HENKY
Henkel AG & Co. Company Profile
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.