Beiersdorf Aktiengesellschaft (OTCMKTS:BDRFY) Short Interest Down 81.4% in August

Beiersdorf Aktiengesellschaft (OTCMKTS:BDRFY) saw a significant decrease in short interest in the month of August. As of August 14th, there was short interest totaling 17,207 shares, a decrease of 81.4% from the July 30th total of 92,386 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 101,197 shares, the days-to-cover ratio is currently 0.2 days.

Wall Street Analysts Forecast Growth

Separately, Zacks Research lowered shares of Beiersdorf Aktiengesellschaft from a “hold” rating to a “strong sell” rating in a research report on Friday, August 7th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company currently has an average rating of “Sell”.

Beiersdorf Aktiengesellschaft Price Performance

Shares of OTCMKTS BDRFY opened at $18.73 on Wednesday. The stock has a fifty day simple moving average of $17.87 and a two-hundred day simple moving average of $18.41. Beiersdorf Aktiengesellschaft has a 1-year low of $15.55 and a 1-year high of $25.98.

Beiersdorf Aktiengesellschaft Company Profile

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.