Beiersdorf Aktiengesellschaft (OTCMKTS:BDRFY) Short Interest Down 77.3% in June

Beiersdorf Aktiengesellschaft (OTCMKTS:BDRFY) saw a significant decrease in short interest in June. As of June 15th, there was short interest totaling 19,388 shares, a decrease of 77.3% from the May 31st total of 85,424 shares. Based on an average daily trading volume, of 612,687 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the company’s shares are sold short.

Beiersdorf Aktiengesellschaft Price Performance

OTCMKTS BDRFY opened at $17.32 on Friday. The company has a 50 day simple moving average of $16.70 and a 200-day simple moving average of $19.71. Beiersdorf Aktiengesellschaft has a 52-week low of $15.55 and a 52-week high of $26.41. The firm has a market capitalization of $18.79 billion and a price-to-earnings ratio of 35.77.

Analysts Set New Price Targets

Separately, Zacks Research upgraded shares of Beiersdorf Aktiengesellschaft to a “hold” rating in a report on Thursday, April 30th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat.com, Beiersdorf Aktiengesellschaft has an average rating of “Hold”.

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.