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

Henkel AG & Co. KGaA (OTCMKTS:HENKY) was the recipient of a large growth in short interest in the month of November. As of November 15th, there was short interest totalling 26,300 shares, a growth of 63.4% from the October 31st total of 16,100 shares. Based on an average daily trading volume, of 213,800 shares, the days-to-cover ratio is presently 0.1 days.

Henkel AG & Co. KGaA Trading Up 0.2 %

HENKY opened at $18.97 on Friday. Henkel AG & Co. KGaA has a twelve month low of $16.72 and a twelve month high of $21.37. The company has a fifty day moving average of $19.74 and a 200-day moving average of $19.87.

Analyst Ratings Changes

Separately, JPMorgan Chase & Co. raised Henkel AG & Co. KGaA from a “neutral” rating to an “overweight” rating in a research note on Wednesday.

Henkel AG & Co. KGaA Company Profile

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.