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

Henkel AG & Co. KGaA (OTCMKTS:HENKY) was the target of a significant increase in short interest during 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 short-interest ratio is currently 0.2 days.

Analysts Set New Price Targets

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

Henkel AG & Co. KGaA Price Performance

Shares of HENKY opened at $19.31 on Wednesday. The business’s 50-day moving average price is $19.08 and its 200 day moving average price is $19.67. Henkel AG & Co. KGaA has a 1-year low of $16.72 and a 1-year high of $21.37.

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.