Henkel AG & Co. KGaA (OTCMKTS:HENKY – Get Free Report) was the recipient of a significant decline in short interest in the month of December. As of December 15th, there was short interest totalling 200 shares, a decline of 97.5% from the November 30th total of 8,000 shares. Based on an average daily volume of 389,900 shares, the days-to-cover ratio is currently 0.0 days.
Henkel AG & Co. KGaA Stock Performance
HENKY stock traded up $0.18 during midday trading on Friday, reaching $19.36. The company had a trading volume of 51,685 shares, compared to its average volume of 140,551. The stock has a 50 day moving average price of $19.23 and a 200 day moving average price of $19.77. Henkel AG & Co. KGaA has a fifty-two week low of $16.72 and a fifty-two week high of $21.37.
Wall Street Analysts Forecast Growth
Separately, JPMorgan Chase & Co. raised shares of Henkel AG & Co. KGaA from a “neutral” rating to an “overweight” rating in a report on Wednesday, November 27th.
Henkel AG & Co. KGaA Company Profile
Henkel AG & Co KGaA, together with its subsidiaries, engages in the adhesive technologies and beauty care, and laundry and home care businesses worldwide. It operates in two segments, Adhesive Technologies and Consumer Brands segments. The company offers adhesives, sealants, and functional coatings for various business areas, including packaging and consumer goods; mobility and electronics; and craftsmen, construction, and professional industries.
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