Henkel AG & Co. KGaA (OTCMKTS:HENKY) Short Interest Down 74.6% in January

Henkel AG & Co. KGaA (OTCMKTS:HENKY) was the target of a large drop in short interest during the month of January. As of January 15th, there was short interest totalling 8,200 shares, a drop of 74.6% from the December 31st total of 32,300 shares. Based on an average daily trading volume, of 145,200 shares, the days-to-cover ratio is presently 0.1 days.

Henkel AG & Co. KGaA Stock Up 2.1 %

Shares of OTCMKTS HENKY traded up $0.40 during midday trading on Thursday, reaching $19.58. 63,198 shares of the company traded hands, compared to its average volume of 84,494. Henkel AG & Co. KGaA has a 12 month low of $16.72 and a 12 month high of $21.37. The stock’s 50-day simple moving average is $19.11 and its 200-day simple moving average is $19.66.

Analyst Upgrades and Downgrades

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.

Henkel AG & Co. KGaA Company Profile

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.