Beiersdorf Aktiengesellschaft (OTCMKTS:BDRFY) Short Interest Down 71.9% in May

Beiersdorf Aktiengesellschaft (OTCMKTS:BDRFY) was the target of a large drop in short interest during the month of May. As of May 15th, there was short interest totaling 15,392 shares, a drop of 71.9% from the April 30th total of 54,872 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 507,550 shares, the short-interest ratio is currently 0.0 days.

Beiersdorf Aktiengesellschaft Stock Performance

OTCMKTS BDRFY opened at $16.22 on Friday. Beiersdorf Aktiengesellschaft has a fifty-two week low of $16.00 and a fifty-two week high of $27.48. The stock has a 50-day simple moving average of $17.13 and a two-hundred day simple moving average of $20.38. The firm has a market capitalization of $17.60 billion and a P/E ratio of 35.77.

Wall Street Analyst Weigh In

Separately, Zacks Research upgraded Beiersdorf Aktiengesellschaft to a “hold” rating in a research note on Thursday, April 30th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat, Beiersdorf Aktiengesellschaft currently has a consensus rating of “Hold”.

About Beiersdorf Aktiengesellschaft

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.