Beiersdorf Aktiengesellschaft (OTCMKTS:BDRFY) Sees Large Drop in Short Interest

Beiersdorf Aktiengesellschaft (OTCMKTS:BDRFY) was the target of a significant decrease in short interest in the month of July. As of July 15th, there was short interest totaling 117,324 shares, a decrease of 67.6% from the June 30th total of 361,690 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 368,323 shares, the short-interest ratio is presently 0.3 days.

Analysts Set New Price Targets

Separately, Zacks Research upgraded Beiersdorf Aktiengesellschaft to a “hold” rating in a research note on Thursday, April 30th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, Beiersdorf Aktiengesellschaft presently has an average rating of “Hold”.

Beiersdorf Aktiengesellschaft Price Performance

Shares of OTCMKTS BDRFY opened at $17.70 on Monday. The stock’s 50-day moving average is $16.97 and its two-hundred day moving average is $19.11. Beiersdorf Aktiengesellschaft has a 1-year low of $15.55 and a 1-year high of $26.30. The company has a market cap of $19.21 billion and a price-to-earnings ratio of 35.77.

About Beiersdorf Aktiengesellschaft

Beiersdorf Aktiengesellschaft, trading in the United States under the symbol BDRFY, is a German consumer goods company specializing in skin care and adhesive technologies. Founded in Hamburg in 1882, Beiersdorf has grown into a global player in personal care, developing and marketing products designed to maintain and restore skin health. The company’s core business segments encompass consumer skin care, medical skin care, and tesa adhesive technologies, serving both retail and professional customers.

In its consumer skin care division, Beiersdorf is best known for its flagship NIVEA brand, one of the world’s leading skin care names.