Henkel AG & Co. (OTCMKTS:HENKY) Short Interest Update

Henkel AG & Co. (OTCMKTS:HENKY) was the recipient of a significant increase in short interest during the month of August. As of August 31st, there was short interest totaling 10,484 shares, an increase of 56.0% from the August 15th total of 6,721 shares. Based on an average daily volume of 107,789 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s shares are short sold.

Analyst Ratings Changes

Separately, Zacks Research raised Henkel AG & Co. from a “strong sell” rating to a “hold” rating in a research report on Wednesday, August 12th. Two investment analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the company has a consensus rating of “Hold”.

Henkel AG & Co. Stock Performance

Shares of HENKY traded down $0.28 during midday trading on Friday, hitting $19.34. The company had a trading volume of 22,422 shares, compared to its average volume of 99,546. The company’s 50-day simple moving average is $20.33 and its 200-day simple moving average is $19.18. The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.91 and a current ratio of 1.20. Henkel AG & Co. has a 1 year low of $16.83 and a 1 year high of $22.82.

About Henkel AG & Co.

Henkel AG & Co KGaA is a Germany-based consumer and industrial products company headquartered in Düsseldorf. Founded in 1876 by Fritz Henkel, the company has developed into a global supplier serving customers in manufacturing, retail and professional markets.

Henkel operates through two primary business areas. Its Adhesive Technologies division develops adhesives, sealants and functional coatings for industries such as automotive, electronics, packaging, construction and general manufacturing.