Henkel AG & Co. (OTCMKTS:HENKY) Short Interest Down 92.7% in January

Henkel AG & Co. (OTCMKTS:HENKY) was the recipient of a large drop in short interest in the month of January. As of January 15th, there was short interest totaling 4,395 shares, a drop of 92.7% from the December 31st total of 60,365 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 200,016 shares, the short-interest ratio is currently 0.0 days. Based on an average daily volume of 200,016 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company’s shares are short sold.

Analysts Set New Price Targets

Separately, Barclays cut shares of Henkel AG & Co. from a “strong-buy” rating to a “hold” rating in a research note on Friday, January 23rd. One research analyst has rated the stock with a Strong Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy”.

Henkel AG & Co. Stock Performance

Shares of OTCMKTS:HENKY traded down $0.04 during trading on Wednesday, hitting $20.29. 21,162 shares of the company traded hands, compared to its average volume of 120,701. The company has a quick ratio of 0.91, a current ratio of 1.21 and a debt-to-equity ratio of 0.10. The business’s fifty day moving average is $19.19 and its 200-day moving average is $18.99. Henkel AG & Co. has a one year low of $16.54 and a one year high of $21.34.

About Henkel AG & Co.

Henkel AG & Co KGaA is a German multinational company headquartered in Düsseldorf that develops, manufactures and markets a broad range of consumer and industrial products. Founded in 1876 by Fritz Henkel, the company has grown into a diversified chemical and consumer goods group organized around three global business units: Adhesive Technologies, Beauty Care and Laundry & Home Care. Henkel serves industrial clients as well as retail and professional consumers through a combination of branded consumer products and business-to-business solutions.

The Adhesive Technologies unit supplies adhesives, sealants and functional coatings for industrial applications and is a major supplier to sectors such as automotive, electronics and packaging; its portfolio includes well-known product families such as Loctite.