Beiersdorf Aktiengesellschaft (OTCMKTS:BDRFY) Sees Large Increase in Short Interest

Beiersdorf Aktiengesellschaft (OTCMKTS:BDRFY) was the target of a large growth in short interest in the month of October. As of October 15th, there was short interest totaling 59,276 shares, a growth of 606.8% from the September 30th total of 8,387 shares. Based on an average daily volume of 246,188 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.0% of the company’s shares are sold short.

Beiersdorf Aktiengesellschaft Stock Performance

BDRFY opened at $18.60 on Tuesday. The stock has a fifty day moving average of $17.81 and a 200-day moving average of $18.73. Beiersdorf Aktiengesellschaft has a 12-month low of $15.55 and a 12-month high of $25.98.

Analyst Upgrades and Downgrades

Separately, Zacks Research downgraded Beiersdorf Aktiengesellschaft from a “hold” rating to a “strong sell” rating in a report on Friday, August 7th. One research analyst has rated the stock with a Sell rating. According to MarketBeat.com, the stock currently has an average rating of “Sell”.

Beiersdorf Aktiengesellschaft Company Profile

Beiersdorf Aktiengesellschaft is a Germany-based consumer goods company headquartered in Hamburg. Founded in 1882, the company develops, manufactures and markets skin care, personal care and adhesive products for consumers and professional customers worldwide.

Its best-known brand is NIVEA, which offers facial care, body care, sun protection, deodorants and other skin care products. Beiersdorf also owns or markets brands including Eucerin, La Prairie, Aquaphor, Hansaplast and Coppertone, serving a range of mass-market, dermatological and premium skin care segments.

Through its tesa business, Beiersdorf supplies self-adhesive products and solutions for consumers, tradespeople and industrial customers.