Henkel AG & Co. (OTCMKTS:HENKY – Get Free Report) saw a large growth in short interest in the month of September. As of September 15th, there was short interest totaling 22,799 shares, a growth of 117.5% from the August 31st total of 10,484 shares. Based on an average trading volume of 97,996 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.0% of the shares of the company are short sold.
Henkel AG & Co. Trading Down 1.4%
OTCMKTS:HENKY traded down $0.28 during trading hours on Tuesday, hitting $19.23. 32,081 shares of the stock traded hands, compared to its average volume of 98,618. The firm has a 50 day moving average price of $20.24 and a 200 day moving average price of $19.12. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.20 and a quick ratio of 0.91. Henkel AG & Co. has a fifty-two week low of $16.83 and a fifty-two week high of $22.82.
Analyst Upgrades and Downgrades
Separately, Zacks Research upgraded shares of Henkel AG & Co. from a “strong sell” rating to a “hold” rating in a report on Wednesday, August 12th. Two equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the company has a consensus rating of “Hold”.
Henkel AG & Co. Company Profile
Henkel AG & Co KGaA is a Germany-based consumer and industrial products company headquartered in Düsseldorf. Founded in 1876, the company operates internationally and serves customers in manufacturing, retail and professional markets.
Henkel’s Adhesive Technologies business develops adhesives, sealants and functional coatings for industries including automotive, electronics, packaging, construction and general manufacturing. Its product portfolio includes well-known brands such as Loctite, Technomelt and Bonderite, as well as solutions for industrial assembly, maintenance and surface treatment.
Through its Consumer Brands business, Henkel offers laundry and home-care products, hair-care products and other beauty-care solutions.
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