Beiersdorf Aktiengesellschaft (OTCMKTS:BDRFY) Shares Shorted: Short Interest Down 85.0% in October

Beiersdorf Aktiengesellschaft (OTCMKTS:BDRFY) saw a significant decline in short interest in the month of October. As of October 30th, there was short interest totaling 8,879 shares, a decline of 85.0% from the October 15th total of 59,276 shares. Based on an average trading volume of 239,842 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are short sold.

Beiersdorf Aktiengesellschaft Stock Down 1.2%

Shares of OTCMKTS BDRFY opened at $18.53 on Friday. Beiersdorf Aktiengesellschaft has a 1-year low of $15.55 and a 1-year high of $25.98. The business’s fifty day moving average price is $17.90 and its two-hundred day moving average price is $18.46.

Wall Street Analyst Weigh In

Separately, Zacks Research lowered Beiersdorf Aktiengesellschaft from a “hold” rating to a “strong sell” rating in a report on Friday, August 7th. One investment analyst has rated the stock with a Sell rating. According to MarketBeat.com, the stock currently has a consensus rating of “Sell”.

Beiersdorf Aktiengesellschaft Company Profile

Beiersdorf Aktiengesellschaft is a Germany-based consumer goods company focused on skin care, personal care and medical products. Its portfolio includes brands such as NIVEA, Eucerin, La Prairie and Hansaplast, with product offerings that include skin and sun care, dermatological care and wound-care products. The company also operates tesa, which develops adhesive tapes and related solutions for industrial, commercial and consumer applications. Beiersdorf sells its products in markets around the world.