Short Interest in Beiersdorf Aktiengesellschaft (OTCMKTS:BDRFY) Declines By 77.3%

Beiersdorf Aktiengesellschaft (OTCMKTS:BDRFY) was the recipient of a significant decline in short interest in the month of June. As of June 15th, there was short interest totaling 19,388 shares, a decline of 77.3% from the May 31st total of 85,424 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 612,687 shares, the days-to-cover ratio is currently 0.0 days.

Beiersdorf Aktiengesellschaft Stock Performance

Shares of OTCMKTS:BDRFY opened at $17.32 on Monday. Beiersdorf Aktiengesellschaft has a 12-month low of $15.55 and a 12-month high of $26.41. The stock’s 50-day moving average price is $16.70 and its 200-day moving average price is $19.70. The stock has a market capitalization of $18.79 billion and a P/E ratio of 35.77.

Wall Street Analysts Forecast Growth

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