Henkel AG & Co. KGaA (OTCMKTS:HENOY) Sees Significant Growth in Short Interest

Henkel AG & Co. KGaA (OTCMKTS:HENOY) was the target of a large growth in short interest in May. As of May 15th, there was short interest totaling 3,107 shares, a growth of 4,042.7% from the April 30th total of 75 shares. Based on an average daily volume of 47,294 shares, the days-to-cover ratio is currently 0.1 days.

Henkel AG & Co. KGaA Price Performance

Shares of HENOY traded up $0.40 during midday trading on Wednesday, reaching $19.51. The stock had a trading volume of 12,358 shares, compared to its average volume of 18,723. Henkel AG & Co. KGaA has a 1-year low of $17.78 and a 1-year high of $24.90. The company’s fifty day simple moving average is $19.06 and its two-hundred day simple moving average is $20.64.

About Henkel AG & Co. KGaA

Henkel AG & Co KGaA is a global leader in adhesive technologies, beauty care, and laundry & home care products. Founded in 1876 by Fritz Henkel and headquartered in Düsseldorf, Germany, the company has built a reputation for innovation and quality across its core business units. Henkel’s Adhesive Technologies segment serves industrial and consumer markets with solutions ranging from structural adhesives and sealants to DIY products for home improvement.

In its Beauty Care division, Henkel offers hair care, hair styling, hair coloring, and oral care products under brands such as Schwarzkopf, Dial, and Syoss.