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

Key Points

• Henkel AG & Co. experienced a 106.3% increase in short interest in July, with total short interest rising to 39,200 shares by the end of the month.
• Barclays upgraded Henkel AG & Co. from a "hold" rating to a "strong-buy" rating in mid-July.
• The company's stock was trading at $19.19, with a 1-year high of $21.37 and a low of $16.54.

Henkel AG & Co. (OTCMKTS:HENKY - Get Free Report) was the recipient of a significant increase in short interest during the month of July. As of July 31st, there was short interest totaling 39,200 shares, anincreaseof106.3% from the July 15th total of 19,000 shares. Based on an average trading volume of 226,500 shares, the days-to-cover ratio is currently 0.2 days. Approximately0.0% of the company's shares are short sold. Approximately0.0% of the company's shares are short sold. Based on an average trading volume of 226,500 shares, the days-to-cover ratio is currently 0.2 days.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on HENKY shares. Barclays raised shares of Henkel AG & Co. from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, July 15th. Zacks Research cut shares of Henkel AG & Co. from a "strong-buy" rating to a "hold" rating in a research note on Monday. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Buy".

Henkel AG & Co. Stock Performance

Shares of OTCMKTS HENKY traded up $0.3199 during midday trading on Friday, reaching $19.7599. 29,804 shares of the stock were exchanged, compared to its average volume of 93,243. The business has a 50-day simple moving average of $18.31 and a two-hundred day simple moving average of $18.30. Henkel AG & Co. has a 12 month low of $16.5401 and a 12 month high of $21.37. The company has a current ratio of 1.21, a quick ratio of 0.93 and a debt-to-equity ratio of 0.09.

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.