Beiersdorf Aktiengesellschaft (OTCMKTS:BDRFY) Short Interest Down 71.9% in May

Beiersdorf Aktiengesellschaft (OTCMKTS:BDRFY) was the target of a significant drop in short interest during the month of May. As of May 15th, there was short interest totaling 15,392 shares, a drop of 71.9% from the April 30th total of 54,872 shares. Based on an average daily trading volume, of 507,550 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the company are sold short.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised Beiersdorf Aktiengesellschaft to a “hold” rating in a research report on Thursday, April 30th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat, the stock presently has a consensus rating of “Hold”.

Beiersdorf Aktiengesellschaft Stock Performance

Shares of OTCMKTS BDRFY opened at $16.74 on Friday. The stock has a market cap of $20.31 billion and a PE ratio of 35.77. Beiersdorf Aktiengesellschaft has a fifty-two week low of $16.21 and a fifty-two week high of $27.48. The stock has a fifty day moving average of $17.14 and a 200-day moving average of $20.41.

About Beiersdorf Aktiengesellschaft

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.