Beiersdorf Aktiengesellschaft (OTCMKTS:BDRFY) Stock Short Interest Drops 85.0%

Beiersdorf Aktiengesellschaft (OTCMKTS:BDRFY) was the target of a significant drop in short interest in the month of October. As of October 30th, there was short interest totaling 8,879 shares, a drop of 85.0% from the October 15th total of 59,276 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 239,842 shares, the days-to-cover ratio is presently 0.0 days.

Analyst Ratings Changes

Separately, Zacks Research lowered Beiersdorf Aktiengesellschaft from a “hold” rating to a “strong sell” rating in a report on Friday, August 7th. One analyst has rated the stock with a Sell rating. According to MarketBeat, Beiersdorf Aktiengesellschaft currently has a consensus rating of “Sell”.

Beiersdorf Aktiengesellschaft Trading Down 1.8%

Shares of OTCMKTS BDRFY opened at $18.75 on Thursday. Beiersdorf Aktiengesellschaft has a one year low of $15.55 and a one year high of $25.98. The firm’s 50 day simple moving average is $17.89 and its two-hundred day simple moving average is $18.48.

About Beiersdorf Aktiengesellschaft

Beiersdorf Aktiengesellschaft is a Germany-based consumer goods company focused on skin care, personal care and medical products. Its portfolio includes brands such as NIVEA, Eucerin, La Prairie and Hansaplast, with product offerings that include skin and sun care, dermatological care and wound-care products. The company also operates tesa, which develops adhesive tapes and related solutions for industrial, commercial and consumer applications. Beiersdorf sells its products in markets around the world.