Short Interest in Henkel AG & Co. (OTCMKTS:HENKY) Drops By 72.4%

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

Analysts Set New Price Targets

Separately, Zacks Research upgraded Henkel AG & Co. from a “strong sell” rating to a “hold” rating in a research report on Wednesday. One investment analyst has rated the stock with a Strong Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy”.

View Our Latest Stock Report on HENKY

Henkel AG & Co. Stock Performance

Shares of OTCMKTS HENKY traded down $0.13 during trading on Friday, reaching $20.65. The company had a trading volume of 144,873 shares, compared to its average volume of 106,790. The company’s fifty day moving average price is $19.92 and its 200-day moving average price is $19.48. The company has a current ratio of 1.20, a quick ratio of 0.91 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.

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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