Beiersdorf Aktiengesellschaft (OTCMKTS:BDRFY) Short Interest Up 455.0% in May

Beiersdorf Aktiengesellschaft (OTCMKTS:BDRFY) saw a large growth in short interest in the month of May. As of May 29th, there was short interest totaling 85,424 shares, a growth of 455.0% from the May 14th total of 15,392 shares. Based on an average trading volume of 501,887 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.0% of the shares of the company are sold short.

Beiersdorf Aktiengesellschaft Stock Up 3.0%

Shares of Beiersdorf Aktiengesellschaft stock opened at $16.31 on Wednesday. Beiersdorf Aktiengesellschaft has a 12 month low of $15.55 and a 12 month high of $27.36. The business has a fifty day simple moving average of $16.98 and a 200 day simple moving average of $20.11. The stock has a market cap of $17.70 billion and a PE ratio of 35.77.

Analysts Set New Price Targets

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

Beiersdorf Aktiengesellschaft Company Profile

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.