Short Interest in Beiersdorf Aktiengesellschaft (OTCMKTS:BDRFF) Expands By 88.9%

Beiersdorf Aktiengesellschaft (OTCMKTS:BDRFF) was the recipient of a large growth in short interest during the month of September. As of September 15th, there was short interest totaling 711,200 shares, a growth of 88.9% from the August 31st total of 376,500 shares. Based on an average trading volume of 3,200 shares, the short-interest ratio is presently 222.3 days. Based on an average trading volume of 3,200 shares, the short-interest ratio is presently 222.3 days.

Beiersdorf Aktiengesellschaft Price Performance

Shares of OTCMKTS BDRFF opened at $105.16 on Friday. The business has a fifty day simple moving average of $113.94 and a two-hundred day simple moving average of $126.20. Beiersdorf Aktiengesellschaft has a twelve month low of $105.16 and a twelve month high of $148.33.

Analysts Set New Price Targets

Separately, Jefferies Financial Group lowered Beiersdorf Aktiengesellschaft from a “buy” rating to a “hold” rating in a research report on Tuesday, September 16th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Hold”.

Beiersdorf Aktiengesellschaft Company Profile

Beiersdorf Aktiengesellschaft, together with its subsidiaries, manufactures and distributes consumer goods in Europe, the Americas, Africa, Asia, and Australia. It operates in two segments, Consumer Business and Tesa Business. The Consumer Business Segment offers skin and body care products. The Tesa Business segment provides adhesive tapes and self-adhesive solutions for industries, craft businesses, and consumers.