Henkel AG & Co. KGaA (OTCMKTS:HENKY – Get Free Report) saw a significant decrease in short interest in the month of January. As of January 15th, there was short interest totalling 8,200 shares, a decrease of 74.6% from the December 31st total of 32,300 shares. Based on an average daily trading volume, of 145,200 shares, the short-interest ratio is currently 0.1 days.
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.
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Henkel AG & Co. KGaA Stock Up 2.1 %
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.
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