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

Key Points

• Henkel AG & Co. experienced a significant increase in short interest, rising by 52.8% in August to a total of 59,900 shares.
• The company's stock is currently rated as a Buy by analysts, with recent adjustments including a downgrade by Zacks Research and an upgrade by Barclays.
• As of the latest trading session, Henkel's stock price is $19.80, reflecting a 1.3% increase and a trading volume of 44,920 shares.

Henkel AG & Co. (OTCMKTS:HENKY - Get Free Report) was the target of a large increase in short interest in the month of August. As of August 15th, there was short interest totaling 59,900 shares, anincreaseof52.8% from the July 31st total of 39,200 shares. Based on an average daily trading volume, of 149,200 shares, the short-interest ratio is presently 0.4 days. Based on an average daily trading volume, of 149,200 shares, the short-interest ratio is presently 0.4 days.

Henkel AG & Co. Stock Up 1.3%

Shares of Henkel AG & Co. stock traded up $0.25 during mid-day trading on Friday, reaching $19.80. 44,920 shares of the stock were exchanged, compared to its average volume of 56,748. The company has a current ratio of 1.21, a quick ratio of 0.93 and a debt-to-equity ratio of 0.09. The firm has a 50-day simple moving average of $18.68 and a 200 day simple moving average of $18.30. Henkel AG & Co. has a fifty-two week low of $16.54 and a fifty-two week high of $21.37.

Wall Street Analyst Weigh In

HENKY has been the subject of several recent analyst reports. Zacks Research downgraded shares of Henkel AG & Co. from a "strong-buy" rating to a "hold" rating in a report on Monday, August 18th. Barclays upgraded shares of Henkel AG & Co. from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, July 15th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has issued a Hold rating to the company's stock. According to data from MarketBeat.com, Henkel AG & Co. presently has a consensus rating of "Buy".

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.

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