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

Henkel AG & Co. (OTCMKTS:HENKY) was the recipient of a significant increase in short interest in October. As of October 15th, there was short interest totaling 29,000 shares, an increase of 36.2% from the September 30th total of 21,300 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average trading volume of 94,000 shares, the short-interest ratio is currently 0.3 days. Based on an average trading volume of 94,000 shares, the short-interest ratio is currently 0.3 days. Currently, 0.0% of the company’s shares are short sold.

Analysts Set New Price Targets

Several research analysts have weighed in on HENKY shares. BNP Paribas upgraded Henkel AG & Co. from a “hold” rating to a “strong-buy” rating in a report on Monday, September 8th. Royal Bank Of Canada upgraded Henkel AG & Co. to a “hold” rating in a report on Wednesday, September 17th. Zacks Research lowered Henkel AG & Co. from a “strong-buy” rating to a “hold” rating in a report on Monday, August 18th. Finally, Barclays upgraded Henkel AG & Co. from a “hold” rating to a “strong-buy” rating in a report on Tuesday, July 15th. Two research analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Buy”.

Henkel AG & Co. Price Performance

HENKY opened at $18.56 on Tuesday. The business’s 50-day moving average price is $19.01 and its two-hundred day moving average price is $18.45. Henkel AG & Co. has a 1 year low of $16.54 and a 1 year high of $21.34.

Henkel AG & Co. Company Profile

Henkel AG & Co KGaA, together with its subsidiaries, engages in the adhesive technologies and beauty care, and laundry and home care businesses worldwide. It operates in two segments, Adhesive Technologies and Consumer Brands segments. The company offers adhesives, sealants, and functional coatings for various business areas, including packaging and consumer goods; mobility and electronics; and craftsmen, construction, and professional industries.