Short Interest in Beiersdorf Aktiengesellschaft (OTCMKTS:BDRFY) Declines By 79.7%

Beiersdorf Aktiengesellschaft (OTCMKTS:BDRFY) was the recipient of a large decrease in short interest during the month of April. As of April 30th, there was short interest totaling 54,872 shares, a decrease of 79.7% from the April 15th total of 270,393 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 847,608 shares, the days-to-cover ratio is currently 0.1 days.

Beiersdorf Aktiengesellschaft Stock Performance

Shares of BDRFY stock opened at $16.48 on Tuesday. Beiersdorf Aktiengesellschaft has a 1 year low of $16.28 and a 1 year high of $27.81. The stock has a fifty day moving average of $17.87 and a two-hundred day moving average of $20.86. The firm has a market capitalization of $19.99 billion and a PE ratio of 35.77.

Analyst Ratings Changes

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

Beiersdorf Aktiengesellschaft Company Profile

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.