Henkel AG & Co. (OTCMKTS:HENKY) Short Interest Up 33.9% in December

Henkel AG & Co. (OTCMKTS:HENKY) saw a large increase in short interest in December. As of December 15th, there was short interest totaling 39,583 shares, an increase of 33.9% from the November 30th total of 29,557 shares. Based on an average daily volume of 235,324 shares, the short-interest ratio is presently 0.2 days. Currently, 0.0% of the shares of the stock are short sold. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 235,324 shares, the short-interest ratio is presently 0.2 days.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on HENKY shares. BNP Paribas upgraded shares of Henkel AG & Co. from a “hold” rating to a “strong-buy” rating in a research report on Monday, September 8th. Royal Bank Of Canada raised Henkel AG & Co. to a “hold” rating in a report on Wednesday, September 17th. Two equities research analysts have rated the stock with a Strong Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Henkel AG & Co. currently has an average rating of “Buy”.

Henkel AG & Co. Trading Down 0.4%

HENKY opened at $19.04 on Tuesday. Henkel AG & Co. has a twelve month low of $16.54 and a twelve month high of $21.34. The company has a fifty day moving average of $18.96 and a 200-day moving average of $18.76.

Henkel AG & Co. Company Profile

Henkel AG & Co KGaA is a German multinational company headquartered in Düsseldorf that develops, manufactures and markets a broad range of consumer and industrial products. Founded in 1876 by Fritz Henkel, the company has grown into a diversified chemical and consumer goods group organized around three global business units: Adhesive Technologies, Beauty Care and Laundry & Home Care. Henkel serves industrial clients as well as retail and professional consumers through a combination of branded consumer products and business-to-business solutions.

The Adhesive Technologies unit supplies adhesives, sealants and functional coatings for industrial applications and is a major supplier to sectors such as automotive, electronics and packaging; its portfolio includes well-known product families such as Loctite.