Short Interest in Henkel AG & Co. KGaA (OTCMKTS:HENKY) Declines By 97.5%
by Danessa Lincoln · The Markets DailyHenkel AG & Co. KGaA (OTCMKTS:HENKY – Get Free Report) was the target of a large decrease in short interest in the month of December. As of December 15th, there was short interest totalling 200 shares, a decrease of 97.5% from the November 30th total of 8,000 shares. Based on an average daily volume of 389,900 shares, the days-to-cover ratio is currently 0.0 days.
Henkel AG & Co. KGaA Trading Up 0.3 %
OTCMKTS:HENKY traded up $0.18 during mid-day trading on Friday, hitting $19.36. The stock had a trading volume of 51,685 shares, compared to its average volume of 140,551. The company has a 50 day simple moving average of $19.23 and a 200-day simple moving average of $19.77. Henkel AG & Co. KGaA has a 52 week low of $16.72 and a 52 week high of $21.37.
Analyst Ratings Changes
Separately, JPMorgan Chase & Co. upgraded Henkel AG & Co. KGaA from a “neutral” rating to an “overweight” rating in a research note on Wednesday, November 27th.
Read Our Latest Stock Analysis on Henkel AG & Co. KGaA
About Henkel AG & Co. KGaA
Henkel AG & Co KGaA, together with its subsidiaries, engages in the adhesive technologies and beauty care, and laundry and home care businesses worldwide. It operates in two segments, Adhesive Technologies and Consumer Brands segments. The company offers adhesives, sealants, and functional coatings for various business areas, including packaging and consumer goods; mobility and electronics; and craftsmen, construction, and professional industries.
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