Beiersdorf Aktiengesellschaft (OTCMKTS:BDRFY) Sees Large Decline in Short Interest

Beiersdorf Aktiengesellschaft (OTCMKTS:BDRFY) was the target of a large decrease in short interest during the month of April. As of April 30th, there was short interest totaling 54,872 shares, a decrease of 79.7% from the April 15th total of 270,393 shares. Based on an average daily volume of 847,608 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the company’s shares are short sold.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised Beiersdorf Aktiengesellschaft to a “hold” rating in a research note on Thursday, April 30th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat, the company currently has an average rating of “Hold”.

Beiersdorf Aktiengesellschaft Trading Up 1.4%

BDRFY opened at $16.71 on Wednesday. The stock’s 50-day moving average price is $17.70 and its 200 day moving average price is $20.82. Beiersdorf Aktiengesellschaft has a 12-month low of $16.28 and a 12-month high of $27.81. The firm has a market cap of $20.27 billion and a price-to-earnings ratio of 35.77.

About Beiersdorf Aktiengesellschaft

Beiersdorf Aktiengesellschaft, trading in the United States under the symbol BDRFY, is a German consumer goods company specializing in skin care and adhesive technologies. Founded in Hamburg in 1882, Beiersdorf has grown into a global player in personal care, developing and marketing products designed to maintain and restore skin health. The company’s core business segments encompass consumer skin care, medical skin care, and tesa adhesive technologies, serving both retail and professional customers.

In its consumer skin care division, Beiersdorf is best known for its flagship NIVEA brand, one of the world’s leading skin care names.