Henkel AG & Co. KGaA (OTCMKTS:HENOY) Sees Significant Drop in Short Interest

Henkel AG & Co. KGaA (OTCMKTS:HENOY) was the recipient of a large decrease in short interest during the month of January. As of January 15th, there was short interest totaling 19,877 shares, a decrease of 25.5% from the December 31st total of 26,692 shares. Based on an average daily volume of 24,999 shares, the days-to-cover ratio is presently 0.8 days. Based on an average daily volume of 24,999 shares, the days-to-cover ratio is presently 0.8 days.

Henkel AG & Co. KGaA Stock Performance

Shares of HENOY traded up $0.20 on Friday, reaching $22.08. The company’s stock had a trading volume of 5,691 shares, compared to its average volume of 11,020. The stock’s 50 day simple moving average is $20.64 and its two-hundred day simple moving average is $20.67. Henkel AG & Co. KGaA has a 12-month low of $18.12 and a 12-month high of $23.83.

About Henkel AG & Co. KGaA

Henkel AG & Co KGaA is a global leader in adhesive technologies, beauty care, and laundry & home care products. Founded in 1876 by Fritz Henkel and headquartered in Düsseldorf, Germany, the company has built a reputation for innovation and quality across its core business units. Henkel’s Adhesive Technologies segment serves industrial and consumer markets with solutions ranging from structural adhesives and sealants to DIY products for home improvement.

In its Beauty Care division, Henkel offers hair care, hair styling, hair coloring, and oral care products under brands such as Schwarzkopf, Dial, and Syoss.