Short Interest in Henkel AG & Co. KGaA (OTCMKTS:HENKY) Increases By 1,203.7%

Henkel AG & Co. KGaA (OTCMKTS:HENKY) saw a significant increase in short interest in the month of March. As of March 15th, there was short interest totalling 70,400 shares, an increase of 1,203.7% from the February 28th total of 5,400 shares. Based on an average daily trading volume, of 225,800 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.0% of the shares of the company are short sold.

Analyst Upgrades and Downgrades

Separately, JPMorgan Chase & Co. raised shares of Henkel AG & Co. KGaA from a “neutral” rating to an “overweight” rating in a research note on Wednesday, November 27th.

Henkel AG & Co. KGaA Stock Down 1.1 %

Shares of HENKY stock traded down $0.20 on Thursday, reaching $17.69. 83,248 shares of the company were exchanged, compared to its average volume of 139,352. Henkel AG & Co. KGaA has a 1 year low of $17.16 and a 1 year high of $21.37. The business has a 50-day moving average price of $19.19 and a 200 day moving average price of $19.46.

About Henkel AG & Co. KGaA

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.