Short Interest in Henkel AG & Co. (OTCMKTS:HENKY) Increases By 90.7%

Henkel AG & Co. (OTCMKTS:HENKY) was the recipient of a significant growth in short interest in the month of April. As of April 15th, there was short interest totaling 58,522 shares, a growth of 90.7% from the March 31st total of 30,694 shares. Based on an average daily volume of 360,337 shares, the short-interest ratio is presently 0.2 days. Currently, 0.0% of the company’s stock are sold short.

Henkel AG & Co. Price Performance

OTCMKTS:HENKY opened at $17.79 on Monday. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.20 and a quick ratio of 0.91. The firm has a 50-day moving average of $19.40 and a 200-day moving average of $19.43. Henkel AG & Co. has a one year low of $17.07 and a one year high of $22.82.

Wall Street Analysts Forecast Growth

Separately, Barclays lowered shares of Henkel AG & Co. from a “strong-buy” rating to a “hold” rating in a report on Friday, January 23rd. One investment analyst has rated the stock with a Strong Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy”.

About Henkel AG & Co.

Henkel AG & Co KGaA is a German multinational company headquartered in Düsseldorf that develops, manufactures and markets a broad range of consumer and industrial products. Founded in 1876 by Fritz Henkel, the company has grown into a diversified chemical and consumer goods group organized around three global business units: Adhesive Technologies, Beauty Care and Laundry & Home Care. Henkel serves industrial clients as well as retail and professional consumers through a combination of branded consumer products and business-to-business solutions.

The Adhesive Technologies unit supplies adhesives, sealants and functional coatings for industrial applications and is a major supplier to sectors such as automotive, electronics and packaging; its portfolio includes well-known product families such as Loctite.