Henkel AG & Co. (OTCMKTS:HENKY) Stock Short Interest Climbs 174.3%

Henkel AG & Co. (OTCMKTS:HENKY – Get Free Report) was the recipient of a significant increase in short interest in October. As of October 15th, there was short interest totaling 60,415 shares, an increase of 174.3% from the September 30th total of 22,028 shares. Based on an average daily volume of 125,692 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.0% of the shares of the stock are sold short.

Analyst Upgrades and Downgrades

HENKY has been the topic of a number of recent research reports. Zacks Research raised Henkel AG & Co. from a “strong sell” rating to a “hold” rating in a research report on Wednesday, August 12th. The Goldman Sachs Group upgraded Henkel AG & Co. from a “strong sell” rating to a “hold” rating in a report on Tuesday, October 6th. Three research analysts have rated the stock with a Hold rating. According to MarketBeat.com, the stock has an average rating of “Hold”.

Check Out Our Latest Research Report on HENKY

Henkel AG & Co. Stock Performance

Shares of OTCMKTS:HENKY traded up $0.23 during midday trading on Thursday, hitting $20.08. The stock had a trading volume of 20,078 shares, compared to its average volume of 94,534. The company’s 50-day moving average price is $19.75 and its 200-day moving average price is $19.58. Henkel AG & Co. has a fifty-two week low of $16.83 and a fifty-two week high of $22.82. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.20 and a quick ratio of 0.93.

About Henkel AG & Co.

(Get Free Report)

Henkel AG & Co KGaA is a German consumer and industrial products company headquartered in Düsseldorf. Founded in 1876, the company serves customers worldwide through two main business segments: Adhesive Technologies and Consumer Brands.

Its Adhesive Technologies business develops adhesives, sealants and functional coatings for industrial, automotive, electronics, packaging, construction and consumer applications. Its portfolio includes well-known brands such as Loctite, Technomelt and Pritt, along with products sold under specialized professional and industrial brands.

Henkel’s Consumer Brands business offers laundry and home-care products, as well as hair-care and other personal-care products.

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