Henkel AG & Co. KGaA (OTCMKTS:HENKY – Get Free Report) was the target of a significant drop in short interest in the month of February. As of February 15th, there was short interest totalling 2,000 shares, a drop of 95.3% from the January 31st total of 42,300 shares. Based on an average daily volume of 314,500 shares, the days-to-cover ratio is presently 0.0 days.
Wall Street Analysts Forecast Growth
Separately, JPMorgan Chase & Co. upgraded shares of Henkel AG & Co. KGaA from a “neutral” rating to an “overweight” rating in a research report on Wednesday, November 27th.
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Henkel AG & Co. KGaA Price Performance
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.
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