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Henkel AG & Co. KGaA (OTCMKTS:HENKY) Sees Significant Increase in Short Interest

Henkel AG & Co. KGaA logo with Consumer Staples background

Henkel AG & Co. KGaA (OTCMKTS:HENKY - Get Free Report) was the target of a large increase in short interest in the month of January. As of January 15th, there was short interest totalling 32,300 shares, an increase of 16,050.0% from the December 31st total of 200 shares. Based on an average daily volume of 184,900 shares, the days-to-cover ratio is presently 0.2 days.

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. upgraded shares of Henkel AG & Co. KGaA from a "neutral" rating to an "overweight" rating in a research report on Wednesday, November 27th.

Check Out Our Latest Analysis on HENKY

Henkel AG & Co. KGaA Price Performance

Shares of HENKY traded down $0.11 during trading hours on Tuesday, hitting $19.31. The company had a trading volume of 43,919 shares, compared to its average volume of 68,583. Henkel AG & Co. KGaA has a 52-week low of $16.72 and a 52-week high of $21.37. The firm has a fifty day moving average price of $19.08 and a 200-day moving average price of $19.67.

Henkel AG & Co. KGaA Company Profile

(Get Free Report)

Henkel AG & Co KGaA, together with its subsidiaries, engages in the adhesive technologies and beauty care, and laundry and home care businesses worldwide. It operates in two segments, Adhesive Technologies and Consumer Brands segments. The company offers adhesives, sealants, and functional coatings for various business areas, including packaging and consumer goods; mobility and electronics; and craftsmen, construction, and professional industries.

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