Beiersdorf Aktiengesellschaft (OTCMKTS:BDRFF) Sees Significant Growth in Short Interest

Beiersdorf Aktiengesellschaft (OTCMKTS:BDRFF) was the recipient of a significant increase in short interest during the month of March. As of March 31st, there was short interest totalling 163,400 shares, an increase of 21.0% from the March 15th total of 135,000 shares. Based on an average daily volume of 800 shares, the days-to-cover ratio is presently 204.3 days.

Beiersdorf Aktiengesellschaft Price Performance

Shares of OTCMKTS:BDRFF opened at $131.32 on Tuesday. The business’s 50 day moving average is $136.08 and its 200 day moving average is $134.53. Beiersdorf Aktiengesellschaft has a 12-month low of $123.40 and a 12-month high of $162.19.

About Beiersdorf Aktiengesellschaft

Beiersdorf Aktiengesellschaft, together with its subsidiaries, manufactures and distributes consumer goods in Europe, the Americas, Africa, Asia, and Australia. It operates in two segments, Consumer Business and Tesa Business. The Consumer Business Segment offers skin and body care products. The Tesa Business segment provides adhesive tapes and self-adhesive solutions for industries, craft businesses, and consumers.