Beiersdorf Aktiengesellschaft (OTCMKTS:BDRFY) Short Interest Up 155.8% in August

Beiersdorf Aktiengesellschaft (OTCMKTS:BDRFY) was the target of a significant growth in short interest in the month of August. As of August 31st, there was short interest totaling 44,020 shares, a growth of 155.8% from the August 15th total of 17,207 shares. Based on an average trading volume of 109,600 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.0% of the company’s shares are sold short.

Analyst Ratings Changes

Separately, Zacks Research lowered shares of Beiersdorf Aktiengesellschaft from a “hold” rating to a “strong sell” rating in a research note on Friday, August 7th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company has an average rating of “Sell”.

Beiersdorf Aktiengesellschaft Stock Performance

Shares of OTCMKTS BDRFY opened at $17.01 on Monday. The business’s 50-day moving average price is $18.12 and its two-hundred day moving average price is $17.76. Beiersdorf Aktiengesellschaft has a one year low of $15.55 and a one year high of $25.98.

About Beiersdorf Aktiengesellschaft

Beiersdorf Aktiengesellschaft is a Germany-based consumer goods and adhesive technology company headquartered in Hamburg. Founded in 1882 by pharmacist Paul C. Beiersdorf, the company developed from a manufacturer of medical and skin-care products into an international group serving consumers and businesses worldwide.

Beiersdorf’s Consumer business focuses on skin care, personal care and dermatological products. Its portfolio includes well-known brands such as NIVEA, Eucerin, La Prairie, Aquaphor, Hansaplast and Coppertone.