Short Interest in Beiersdorf Aktiengesellschaft (OTCMKTS:BDRFY) Grows By 1,765.5%

Beiersdorf Aktiengesellschaft (OTCMKTS:BDRFY) saw a significant growth in short interest during the month of June. As of June 30th, there was short interest totaling 361,690 shares, a growth of 1,765.5% from the June 15th total of 19,388 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 1,560,785 shares, the short-interest ratio is presently 0.2 days.

Beiersdorf Aktiengesellschaft Trading Up 1.0%

Shares of BDRFY stock opened at $17.78 on Friday. The company has a market capitalization of $19.29 billion and a price-to-earnings ratio of 35.77. The firm has a 50-day moving average price of $16.72 and a 200 day moving average price of $19.41. Beiersdorf Aktiengesellschaft has a twelve month low of $15.55 and a twelve month high of $26.41.

Wall Street Analysts Forecast Growth

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