Beiersdorf Aktiengesellschaft (OTCMKTS:BDRFF) Short Interest Up 88.9% in September

Beiersdorf Aktiengesellschaft (OTCMKTS:BDRFF) was the recipient of a significant increase in short interest in September. As of September 15th, there was short interest totaling 711,200 shares, an increase of 88.9% from the August 31st total of 376,500 shares. Based on an average daily trading volume, of 3,200 shares, the days-to-cover ratio is currently 222.3 days. Based on an average daily trading volume, of 3,200 shares, the days-to-cover ratio is currently 222.3 days.

Beiersdorf Aktiengesellschaft Stock Performance

Shares of BDRFF opened at $105.16 on Tuesday. Beiersdorf Aktiengesellschaft has a 12-month low of $105.16 and a 12-month high of $148.33. The stock has a 50-day moving average price of $113.46 and a 200-day moving average price of $125.78.

Analysts Set New Price Targets

Separately, Jefferies Financial Group cut shares of Beiersdorf Aktiengesellschaft from a “buy” rating to a “hold” rating in a research note on Tuesday, September 16th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock presently has an average rating of “Hold”.

Beiersdorf Aktiengesellschaft Company Profile

Beiersdorf Aktiengesellschaft, together with its subsidiaries, manufactures and distributes consumer goods in Europe, the Americas, Africa, Asia, and Australia. It operates in two segments, Consumer Business and Tesa Business. The Consumer Business Segment offers skin and body care products. The Tesa Business segment provides adhesive tapes and self-adhesive solutions for industries, craft businesses, and consumers.