Henkel AG & Co. KGaA (OTCMKTS:HENKY) Short Interest Up 415.9% in January

Henkel AG & Co. KGaA (OTCMKTS:HENKY) was the target of a significant increase in short interest in the month of January. As of January 31st, there was short interest totalling 42,300 shares, an increase of 415.9% from the January 15th total of 8,200 shares. Based on an average daily volume of 177,300 shares, the short-interest ratio is presently 0.2 days.

Henkel AG & Co. KGaA Stock Up 0.4 %

Shares of HENKY traded up $0.07 during mid-day trading on Wednesday, reaching $19.14. 118,246 shares of the stock traded hands, compared to its average volume of 94,099. Henkel AG & Co. KGaA has a 1 year low of $16.72 and a 1 year high of $21.37. The firm has a fifty day moving average price of $19.19 and a 200 day moving average price of $19.60.

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. raised Henkel AG & Co. KGaA from a “neutral” rating to an “overweight” rating in a 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.