Henkel AG & Co. (OTCMKTS:HENKY) Short Interest Down 68.9% in August

Henkel AG & Co. (OTCMKTS:HENKY) saw a large decline in short interest in August. As of August 14th, there was short interest totaling 6,721 shares, a decline of 68.9% from the July 30th total of 21,628 shares. Based on an average daily volume of 160,076 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are short sold.

Henkel AG & Co. Stock Up 0.4%

Shares of HENKY opened at $20.63 on Thursday. 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 firm has a fifty day moving average price of $20.25 and a 200-day moving average price of $19.46. Henkel AG & Co. has a 12-month low of $16.83 and a 12-month high of $22.82.

Analysts Set New Price Targets

Separately, Zacks Research upgraded shares of Henkel AG & Co. from a “strong sell” rating to a “hold” rating in a research note on Wednesday, August 12th. One analyst has rated the stock with a Strong Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy”.

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.