Short Interest in Henkel AG & Co. KGaA (OTCMKTS:HENKY) Grows By 16,050.0%

Henkel AG & Co. KGaA (OTCMKTS:HENKY) saw 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 days-to-cover ratio is currently 0.2 days.

Henkel AG & Co. KGaA Stock Performance

HENKY traded down $0.04 during trading on Tuesday, reaching $19.42. 56,112 shares of the stock traded hands, compared to its average volume of 58,497. The stock’s 50-day moving average is $19.08 and its 200 day moving average is $19.67. Henkel AG & Co. KGaA has a 12 month low of $16.72 and a 12 month high of $21.37.

Wall Street Analyst Weigh In

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

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.