Short-term stake in Henkel AG & Co. KGaA (OTCMKTS: HENKY) increases by 190.9%

Henkel AG & Co. KGaA (OTCMKTS: HENKY – Get Rating) was the target of a sharp increase in short interest in February. As of February 28, there was short interest totaling 82,900 shares, an increase of 190.9% from February 13’s total of 28,500 shares. Based on an average trading volume of 356,500 shares, the short-term interest rate ratio is currently 0.2 days.

HENKY lost $0.59 on Friday, hitting $17.12. The company had a trading volume of 126,542 shares, compared to an average volume of 204,850. The company has a quick ratio of 0.80, a current ratio of 1.10 and a leverage ratio of 0.09. Henkel AG & Co. KGaA has a 1-year low of $16.51 and a 1-year high of $26.04. The company’s fifty-day moving average price is $19.85 and its 200-day moving average price is $20.42.

HENKY has been the subject of several analyst reports. Zacks Investment Research downgraded Henkel AG & Co. KGaA from a “buy” rating to a “hold” rating in a Friday, November 12 report. Credit Suisse Group launched coverage on Henkel AG & Co. KGaA in a Thursday, February 3 report. They set a “neutral” rating on the stock. Barclays cut its price target on Henkel AG & Co. KGaA from €80.00 ($86.96) to €76.00 ($82.61) and set an “equal weight” rating on the stock in a report on Thursday, February 24. UBS Group reiterated a “neutral” rating on Henkel AG & Co. KGaA shares in a Monday, Dec. 6 report. Finally, Societe Generale upgraded the shares of Henkel AG & Co. KGaA from a “hold” rating to a “buy” rating in a report on Thursday, January 13. Nine equity research analysts gave the stock a hold rating and four gave the company a buy rating. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $50.00.

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Henkel AG & Co. KGaA Company Profile (Get an assessment)

Henkel AG & Co KGaA is engaged in the production, sale and distribution of home care and beauty products. The company also provides adhesive technology solutions. It operates through the following segments: Adhesive Technologies, Beauty & Laundry Care and Home Care. The Adhesive Technologies segment sells adhesives, sealants and functional coatings for consumers, craftsmen and industrial applications.

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