Heineken NV (OTCMKTS:HEINY) Stock Short Interest Drops 85.0%

Heineken NV (OTCMKTS:HEINY) was the recipient of a significant decrease in short interest in October. As of October 15th, there was short interest totaling 5,995 shares, a decrease of 85.0% from the September 30th total of 39,933 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 497,227 shares, the short-interest ratio is presently 0.0 days.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on HEINY shares. Barclays restated an “overweight” rating on shares of Heineken in a research report on Monday, October 5th. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Heineken in a report on Tuesday, August 11th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Heineken in a research note on Wednesday, September 16th. Two analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat.com, Heineken presently has an average rating of “Hold”.

Heineken Stock Performance

OTCMKTS:HEINY opened at $43.00 on Tuesday. The company has a current ratio of 0.75, a quick ratio of 0.53 and a debt-to-equity ratio of 0.75. Heineken has a 12-month low of $37.03 and a 12-month high of $47.63. The stock has a 50-day moving average price of $41.40 and a 200 day moving average price of $41.34.

Heineken Company Profile

Heineken N.V. is a Netherlands-based brewing company that produces, markets and distributes beer and other beverages worldwide. Its portfolio includes the flagship Heineken brand, along with Amstel, Birra Moretti, Desperados, Sol, Tiger and other regional and specialty brands. The company also offers cider and alcohol-free and low-alcohol beverage options in selected markets.

Founded in Amsterdam in 1864 by Gerard Adriaan Heineken, the company has grown from a Dutch brewery into an international beverage group.