Henkel AG & Co. KGaA (OTCMKTS:HENOY) Sees Large Growth in Short Interest

Henkel AG & Co. KGaA (OTCMKTS:HENOY) was the target of a large increase in short interest in December. As of December 31st, there was short interest totaling 26,692 shares, an increase of 138.7% from the December 15th total of 11,183 shares. Based on an average daily volume of 16,658 shares, the days-to-cover ratio is presently 1.6 days. Based on an average daily volume of 16,658 shares, the days-to-cover ratio is presently 1.6 days.

Henkel AG & Co. KGaA Stock Performance

Shares of HENOY traded down $0.12 during midday trading on Thursday, hitting $20.99. The stock had a trading volume of 4,796 shares, compared to its average volume of 12,940. The company has a 50 day simple moving average of $20.48 and a two-hundred day simple moving average of $20.54. Henkel AG & Co. KGaA has a twelve month low of $18.12 and a twelve month high of $23.83.

Henkel AG & Co. KGaA Company Profile

Henkel AG & Co KGaA is a global leader in adhesive technologies, beauty care, and laundry & home care products. Founded in 1876 by Fritz Henkel and headquartered in Düsseldorf, Germany, the company has built a reputation for innovation and quality across its core business units. Henkel’s Adhesive Technologies segment serves industrial and consumer markets with solutions ranging from structural adhesives and sealants to DIY products for home improvement.

In its Beauty Care division, Henkel offers hair care, hair styling, hair coloring, and oral care products under brands such as Schwarzkopf, Dial, and Syoss.