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

Key Points

• Henkel AG & Co. experienced a significant 31.9% decline in short interest during August, with only 40,800 shares sold short as of August 31st.
• Analysts have mixed ratings on Henkel AG & Co., with Zacks Research downgrading the stock from "strong-buy" to "hold," while BNP Paribas and Barclays both upgraded it to "strong-buy."
• Henkel AG & Co. stock has fluctuated within a 12-month range of $16.54 to $21.37, currently trading at $19.29.

Henkel AG & Co. (OTCMKTS:HENKY - Get Free Report) was the target of a large decrease in short interest in August. As of August 31st, there was short interest totaling 40,800 shares, a decrease of 31.9% from the August 15th total of 59,900 shares. Currently, 0.0% of the company's stock are short sold. Based on an average trading volume of 89,500 shares, the days-to-cover ratio is currently 0.5 days. Based on an average trading volume of 89,500 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.0% of the company's stock are short sold.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on HENKY shares. Royal Bank Of Canada raised Henkel AG & Co. to a "hold" rating in a research report on Wednesday. BNP Paribas upgraded Henkel AG & Co. from a "hold" rating to a "strong-buy" rating in a research note on Monday, September 8th. Barclays upgraded Henkel AG & Co. from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, July 15th. Finally, Zacks Research downgraded Henkel AG & Co. from a "strong-buy" rating to a "hold" rating in a research note on Monday, August 18th. Two analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating and two have assigned a Hold rating to the company's stock. According to MarketBeat, Henkel AG & Co. currently has a consensus rating of "Buy".

Henkel AG & Co. Price Performance

OTCMKTS HENKY traded down $0.05 on Friday, hitting $19.00. 39,311 shares of the company traded hands, compared to its average volume of 50,468. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.21 and a quick ratio of 0.93. The business's 50 day moving average price is $18.92 and its 200-day moving average price is $18.31. Henkel AG & Co. has a 52-week low of $16.54 and a 52-week high of $21.37.

About Henkel AG & Co.

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.