Henkel AG & Co. (OTCMKTS:HENKY) Sees Large Growth in Short Interest

Henkel AG & Co. (OTCMKTS:HENKY) was the target of a large growth in short interest during the month of February. As of February 13th, there was short interest totaling 95,307 shares, a growth of 138.2% from the January 29th total of 40,010 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 177,225 shares, the days-to-cover ratio is presently 0.5 days. Based on an average daily trading volume, of 177,225 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.0% of the company’s stock are short sold.

Wall Street Analyst Weigh In

Separately, Barclays lowered shares of Henkel AG & Co. from a “strong-buy” rating to a “hold” rating in a research note 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 company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy”.

Henkel AG & Co. Price Performance

Henkel AG & Co. stock traded up $0.11 during mid-day trading on Friday, reaching $22.72. 99,870 shares of the company’s stock were exchanged, compared to its average volume of 77,155. The business’s fifty day simple moving average is $20.65 and its 200 day simple moving average is $19.58. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.91 and a current ratio of 1.21. Henkel AG & Co. has a one year low of $16.54 and a one year high of $22.82.

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.