Short Interest in Henkel AG & Co. (OTCMKTS:HENKY) Decreases By 72.4%

Henkel AG & Co. (OTCMKTS:HENKY) was the recipient of a significant decrease in short interest in the month of July. As of July 31st, there was short interest totaling 21,628 shares, a decrease of 72.4% from the July 15th total of 78,437 shares. Based on an average daily trading volume, of 99,077 shares, the short-interest ratio is presently 0.2 days. Approximately 0.0% of the company’s stock are short sold.

Analysts Set New Price Targets

Separately, Zacks Research cut Henkel AG & Co. from a “hold” rating to a “strong sell” rating in a research note on Tuesday, June 23rd. One research analyst has rated the stock with a Strong Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold”.

Henkel AG & Co. Stock Performance

OTCMKTS:HENKY opened at $20.70 on Thursday. Henkel AG & Co. has a 12-month low of $16.83 and a 12-month high of $22.82. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.20 and a quick ratio of 0.91. The stock’s 50 day simple moving average is $19.86 and its 200-day simple moving average is $19.48.

About Henkel AG & Co.

Henkel AG & Co KGaA is a German multinational company headquartered in Düsseldorf that develops, manufactures and markets a broad range of consumer and industrial products. Founded in 1876 by Fritz Henkel, the company has grown into a diversified chemical and consumer goods group organized around three global business units: Adhesive Technologies, Beauty Care and Laundry & Home Care. Henkel serves industrial clients as well as retail and professional consumers through a combination of branded consumer products and business-to-business solutions.

The Adhesive Technologies unit supplies adhesives, sealants and functional coatings for industrial applications and is a major supplier to sectors such as automotive, electronics and packaging; its portfolio includes well-known product families such as Loctite.