Short Interest in Henkel AG & Co. (OTCMKTS:HENKY) Expands By 106.3%

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) saw a large increase in short interest in 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 daily volume of 226,500 shares, the short-interest ratio is currently 0.2 days. Approximately0.0% of the company's stock are short sold. Approximately0.0% of the company's stock are short sold. Based on an average daily volume of 226,500 shares, the short-interest ratio is currently 0.2 days.

Analysts Set New Price Targets

Separately, Barclays raised Henkel AG & Co. from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, July 15th.

Henkel AG & Co. Stock Performance

Shares of HENKY stock traded up $0.24 on Friday, hitting $19.19. 52,515 shares of the stock traded hands, compared to its average volume of 104,337. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.93 and a current ratio of 1.21. Henkel AG & Co. has a 1-year low of $16.54 and a 1-year high of $21.37. The company's fifty day moving average is $18.21 and its 200 day moving average is $18.30.

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.

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