Henkel AG & Co. KGaA (OTCMKTS:HENOY) Sees Large Increase in Short Interest

Henkel AG & Co. KGaA (OTCMKTS:HENOY) was the target of a large increase in short interest in the month of February. As of February 13th, there was short interest totaling 23,130 shares, an increase of 62.1% from the January 29th total of 14,268 shares. Based on an average daily trading volume, of 18,820 shares, the days-to-cover ratio is currently 1.2 days. Based on an average daily trading volume, of 18,820 shares, the days-to-cover ratio is currently 1.2 days.

Henkel AG & Co. KGaA Stock Down 4.3%

OTCMKTS HENOY traded down $1.05 on Monday, reaching $23.50. The company had a trading volume of 656 shares, compared to its average volume of 9,118. Henkel AG & Co. KGaA has a 1 year low of $18.12 and a 1 year high of $24.90. The firm has a 50-day moving average of $22.14 and a 200-day moving average of $21.26.

About Henkel AG & Co. KGaA

Henkel AG & Co KGaA is a global leader in adhesive technologies, beauty care, and laundry & home care products. Founded in 1876 by Fritz Henkel and headquartered in Düsseldorf, Germany, the company has built a reputation for innovation and quality across its core business units. Henkel’s Adhesive Technologies segment serves industrial and consumer markets with solutions ranging from structural adhesives and sealants to DIY products for home improvement.

In its Beauty Care division, Henkel offers hair care, hair styling, hair coloring, and oral care products under brands such as Schwarzkopf, Dial, and Syoss.