Henkel AG & Co. (OTCMKTS:HENKY) Short Interest Update

Henkel AG & Co. (OTCMKTS:HENKY) was the target of a large decline in short interest during the month of February. As of February 27th, there was short interest totaling 23,522 shares, a decline of 75.3% from the February 12th total of 95,307 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 146,407 shares, the days-to-cover ratio is currently 0.2 days. Based on an average trading volume of 146,407 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.0% of the shares of the stock are short sold.

Analysts Set New Price Targets

Separately, Barclays downgraded Henkel AG & Co. from a “strong-buy” rating to a “hold” rating in a report on Friday, January 23rd. One equities research analyst has rated the stock with a Strong Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy”.

Henkel AG & Co. Stock Down 3.0%

Shares of OTCMKTS HENKY traded down $0.59 during mid-day trading on Wednesday, reaching $19.20. The company had a trading volume of 221,934 shares, compared to its average volume of 99,201. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.21 and a quick ratio of 0.91. The stock has a fifty day moving average of $20.85 and a two-hundred day moving average of $19.65. Henkel AG & Co. has a 12-month low of $16.54 and a 12-month high of $22.82.

Henkel AG & Co. Company Profile

Henkel AG & Co KGaA is a German multinational company headquartered in Düsseldorf that develops, manufactures and markets a broad range of consumer and industrial products. Founded in 1876 by Fritz Henkel, the company has grown into a diversified chemical and consumer goods group organized around three global business units: Adhesive Technologies, Beauty Care and Laundry & Home Care. Henkel serves industrial clients as well as retail and professional consumers through a combination of branded consumer products and business-to-business solutions.

The Adhesive Technologies unit supplies adhesives, sealants and functional coatings for industrial applications and is a major supplier to sectors such as automotive, electronics and packaging; its portfolio includes well-known product families such as Loctite.