Henkel AG & Co. (OTCMKTS:HENKY – Get 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
Henkel AG & Co. Company Profile
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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