Short Interest in Henkel AG & Co. (OTCMKTS:HENKY) Expands By 56.0%

Henkel AG & Co. (OTCMKTS:HENKY) was the recipient of a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 10,484 shares, an increase of 56.0% from the August 15th total of 6,721 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 107,789 shares, the short-interest ratio is currently 0.1 days.

Henkel AG & Co. Stock Performance

Shares of HENKY traded up $0.32 during trading hours on Thursday, reaching $19.73. 3,933 shares of the company traded hands, compared to its average volume of 100,418. The stock’s fifty day moving average price is $20.34 and its 200 day moving average price is $19.20. The company has a quick ratio of 0.91, a current ratio of 1.20 and a debt-to-equity ratio of 0.07. Henkel AG & Co. has a 12-month low of $16.83 and a 12-month high of $22.82.

Wall Street Analysts Forecast Growth

Separately, Zacks Research upgraded Henkel AG & Co. from a “strong sell” rating to a “hold” rating in a research 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 presently has an average rating of “Hold”.

About Henkel AG & Co.

Henkel AG & Co KGaA is a Germany-based consumer and industrial products company headquartered in Düsseldorf. Founded in 1876 by Fritz Henkel, the company has developed into a global supplier serving customers in manufacturing, retail and professional markets.

Henkel operates through two primary business areas. Its Adhesive Technologies division develops adhesives, sealants and functional coatings for industries such as automotive, electronics, packaging, construction and general manufacturing.