Short Interest in Henkel AG & Co. (OTCMKTS:HENKY) Drops By 86.7%

Henkel AG & Co. (OTCMKTS:HENKY) was the recipient of a significant drop in short interest during the month of May. As of May 15th, there was short interest totaling 8,954 shares, a drop of 86.7% from the April 30th total of 67,487 shares. Based on an average daily volume of 215,080 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the shares of the stock are sold short.

Henkel AG & Co. Stock Performance

Shares of OTCMKTS:HENKY traded up $0.01 during midday trading on Thursday, hitting $18.29. The company had a trading volume of 44,443 shares, compared to its average volume of 122,461. Henkel AG & Co. has a twelve month low of $16.83 and a twelve month high of $22.82. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.20 and a quick ratio of 0.91. The business’s 50-day simple moving average is $17.90 and its 200-day simple moving average is $19.26.

About Henkel AG & Co.

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.