Short Interest in Henkel AG & Co. KGaA (OTCMKTS:HENKY) Declines By 95.3%

Henkel AG & Co. KGaA (OTCMKTS:HENKY) was the target of a significant drop in short interest in the month of February. As of February 15th, there was short interest totalling 2,000 shares, a drop of 95.3% from the January 31st total of 42,300 shares. Based on an average daily volume of 314,500 shares, the days-to-cover ratio is presently 0.0 days.

Henkel AG & Co. KGaA Price Performance

Shares of Henkel AG & Co. KGaA stock traded up $0.08 on Friday, reaching $19.12. The stock had a trading volume of 42,966 shares, compared to its average volume of 133,542. The business’s 50-day moving average price is $19.16 and its two-hundred day moving average price is $19.61. Henkel AG & Co. KGaA has a fifty-two week low of $16.72 and a fifty-two week high of $21.37.

Analyst Upgrades and Downgrades

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

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.