Henkel AG & Co. (OTCMKTS:HENKY) Sees Significant Decrease in Short Interest

Henkel AG & Co. (OTCMKTS:HENKYGet Free Report) saw a large decline in short interest in July. As of July 31st, there was short interest totaling 21,628 shares, a decline of 72.4% from the July 15th total of 78,437 shares. Based on an average daily volume of 99,077 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.0% of the shares of the company are short sold.

Henkel AG & Co. Stock Performance

HENKY stock opened at $20.70 on Thursday. The company has a quick ratio of 0.91, a current ratio of 1.20 and a debt-to-equity ratio of 0.07. The stock’s 50 day moving average price is $19.86 and its 200 day moving average price is $19.48. Henkel AG & Co. has a 1 year low of $16.83 and a 1 year high of $22.82.

Analyst Ratings Changes

Separately, Zacks Research cut Henkel AG & Co. from a “hold” rating to a “strong sell” rating in a research report on Tuesday, June 23rd. One research analyst has rated the stock with a Strong Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold”.

View Our Latest Report on Henkel AG & Co.

Henkel AG & Co. Company Profile

(Get Free Report)

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.

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