Beiersdorf Aktiengesellschaft (OTCMKTS:BDRFY) Short Interest Down 81.4% in August

Beiersdorf Aktiengesellschaft (OTCMKTS:BDRFY – Get Free Report) was the recipient of a significant drop in short interest in August. As of August 14th, there was short interest totaling 17,207 shares, a drop of 81.4% from the July 30th total of 92,386 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 101,197 shares, the short-interest ratio is currently 0.2 days.

Wall Street Analysts Forecast Growth

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

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Beiersdorf Aktiengesellschaft Price Performance

Shares of Beiersdorf Aktiengesellschaft stock opened at $18.73 on Wednesday. Beiersdorf Aktiengesellschaft has a 12-month low of $15.55 and a 12-month high of $25.98. The company’s 50-day moving average price is $17.87 and its 200-day moving average price is $18.41.

Beiersdorf Aktiengesellschaft Company Profile

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Beiersdorf Aktiengesellschaft, trading in the United States under the symbol BDRFY, is a German consumer goods company specializing in skin care and adhesive technologies. Founded in Hamburg in 1882, Beiersdorf has grown into a global player in personal care, developing and marketing products designed to maintain and restore skin health. The company’s core business segments encompass consumer skin care, medical skin care, and tesa adhesive technologies, serving both retail and professional customers.

In its consumer skin care division, Beiersdorf is best known for its flagship NIVEA brand, one of the world’s leading skin care names.

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