Beiersdorf Aktiengesellschaft (OTCMKTS:BDRFY) Shares Shorted: Short Interest Down 70.1% in September

Beiersdorf Aktiengesellschaft (OTCMKTS:BDRFY) was the target of a significant drop in short interest in the month of September. As of September 15th, there was short interest totaling 13,159 shares, a drop of 70.1% from the August 31st total of 44,020 shares. Based on an average daily volume of 279,125 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the company’s stock are sold short.

Wall Street Analyst Weigh In

Separately, Zacks Research downgraded shares of Beiersdorf Aktiengesellschaft from a “hold” rating to a “strong sell” rating in a research note on Friday, August 7th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, Beiersdorf Aktiengesellschaft presently has a consensus rating of “Sell”.

Beiersdorf Aktiengesellschaft Stock Down 0.3%

OTCMKTS:BDRFY traded down $0.05 during mid-day trading on Monday, hitting $17.90. The stock had a trading volume of 84,417 shares, compared to its average volume of 262,888. Beiersdorf Aktiengesellschaft has a twelve month low of $15.55 and a twelve month high of $25.98. The stock has a 50-day simple moving average of $18.01 and a two-hundred day simple moving average of $17.42.

About Beiersdorf Aktiengesellschaft

Beiersdorf Aktiengesellschaft is a Germany-based consumer goods and adhesive technology company headquartered in Hamburg. Founded in 1882 by pharmacist Paul C. Beiersdorf, the company developed from a manufacturer of medical and skin-care products into an international group serving consumers and businesses worldwide.

Beiersdorf’s Consumer business focuses on skin care, personal care and dermatological products. Its portfolio includes well-known brands such as NIVEA, Eucerin, La Prairie, Aquaphor, Hansaplast and Coppertone.