Beiersdorf Aktiengesellschaft (OTCMKTS:BDRFY) Sees Large Growth in Short Interest

Beiersdorf Aktiengesellschaft (OTCMKTS:BDRFY) was the target of a significant increase in short interest in the month of June. As of June 30th, there was short interest totaling 361,690 shares, an increase of 1,765.5% from the June 15th total of 19,388 shares. Based on an average trading volume of 1,560,785 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.0% of the shares of the company are sold short.

Wall Street Analyst Weigh In

Separately, Zacks Research raised shares of Beiersdorf Aktiengesellschaft to a “hold” rating in a report on Thursday, April 30th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company has an average rating of “Hold”.

Beiersdorf Aktiengesellschaft Trading Up 1.0%

OTCMKTS BDRFY traded up $0.18 during midday trading on Friday, hitting $17.78. The company had a trading volume of 92,343 shares, compared to its average volume of 324,516. The company has a market capitalization of $19.29 billion and a PE ratio of 35.77. The firm has a 50-day moving average price of $16.69 and a 200-day moving average price of $19.42. Beiersdorf Aktiengesellschaft has a twelve month low of $15.55 and a twelve month high of $26.41.

Beiersdorf Aktiengesellschaft Company Profile

Beiersdorf Aktiengesellschaft, trading in the United States under the symbol BDRFY, is a German consumer goods company specializing in skin care and adhesive technologies. Founded in Hamburg in 1882, Beiersdorf has grown into a global player in personal care, developing and marketing products designed to maintain and restore skin health. The company’s core business segments encompass consumer skin care, medical skin care, and tesa adhesive technologies, serving both retail and professional customers.

In its consumer skin care division, Beiersdorf is best known for its flagship NIVEA brand, one of the world’s leading skin care names.