Short Interest in Heineken NV (OTCMKTS:HEINY) Declines By 22.2%

Heineken NV (OTCMKTS:HEINY) was the target of a significant drop in short interest during the month of December. As of December 15th, there was short interest totaling 90,480 shares, a drop of 22.2% from the November 30th total of 116,368 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 343,530 shares, the short-interest ratio is presently 0.3 days. Based on an average trading volume of 343,530 shares, the short-interest ratio is presently 0.3 days. Approximately 0.0% of the shares of the company are sold short.

Heineken Price Performance

Heineken stock traded up $0.12 during trading hours on Thursday, hitting $40.80. The stock had a trading volume of 38,310 shares, compared to its average volume of 186,421. Heineken has a 1-year low of $32.77 and a 1-year high of $46.62. The stock’s fifty day moving average is $40.24 and its two-hundred day moving average is $40.82. The company has a quick ratio of 0.51, a current ratio of 0.75 and a debt-to-equity ratio of 0.67.

Analyst Upgrades and Downgrades

HEINY has been the subject of a number of research reports. UBS Group raised Heineken to a “strong-buy” rating in a report on Monday, October 27th. Deutsche Bank Aktiengesellschaft upgraded shares of Heineken from a “hold” rating to a “buy” rating in a research report on Friday, November 28th. Three investment analysts have rated the stock with a Strong Buy rating and three have given a Buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Strong Buy”.

About Heineken

Heineken N.V. is a global brewing company best known for its flagship Heineken lager and a diversified portfolio of international and local beer brands. The company’s activities span brewing, marketing and distribution of beer and cider products, serving on‑trade and off‑trade channels as well as e‑commerce. Heineken combines global brand management with local production through a network of owned breweries, joint ventures and licensed partners to reach consumers across different markets.

Founded in Amsterdam in 1864 by Gerard Adriaan Heineken, the company has grown into one of the world’s largest brewers.