Henkel AG & Co. (OTCMKTS:HENKY) Shares Shorted: Short Interest Up 117.5% in September

Henkel AG & Co. (OTCMKTS:HENKY) was the target of a significant growth in short interest in September. As of September 15th, there was short interest totaling 22,799 shares, a growth of 117.5% from the August 31st total of 10,484 shares. Based on an average trading volume of 97,996 shares, the short-interest ratio is presently 0.2 days. Currently, 0.0% of the shares of the company are short sold.

Analyst Ratings Changes

Separately, Zacks Research raised shares of Henkel AG & Co. from a “strong sell” rating to a “hold” rating in a report on Wednesday, August 12th. Two equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the company presently has an average rating of “Hold”.

Henkel AG & Co. Trading Down 1.1%

HENKY stock opened at $19.29 on Wednesday. The business has a 50-day simple moving average of $20.22 and a 200 day simple moving average of $19.12. Henkel AG & Co. has a 52 week low of $16.83 and a 52 week high of $22.82. The company has a quick ratio of 0.91, a current ratio of 1.20 and a debt-to-equity ratio of 0.07.

Henkel AG & Co. Company Profile

Henkel AG & Co KGaA is a Germany-based consumer and industrial products company headquartered in Düsseldorf. Founded in 1876, the company operates internationally and serves customers in manufacturing, retail and professional markets.

Henkel’s Adhesive Technologies business develops adhesives, sealants and functional coatings for industries including automotive, electronics, packaging, construction and general manufacturing. Its product portfolio includes well-known brands such as Loctite, Technomelt and Bonderite, as well as solutions for industrial assembly, maintenance and surface treatment.

Through its Consumer Brands business, Henkel offers laundry and home-care products, hair-care products and other beauty-care solutions.