Short Interest in Heineken NV (OTCMKTS:HEINY) Expands By 172.5%

Heineken NV (OTCMKTS:HEINY) saw a significant growth in short interest during the month of April. As of April 30th, there was short interest totaling 20,603 shares, a growth of 172.5% from the April 15th total of 7,561 shares. Based on an average daily volume of 158,049 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are short sold.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on HEINY shares. Royal Bank Of Canada reiterated a “sector perform” rating on shares of Heineken in a report on Monday, April 27th. Oddo Bhf downgraded shares of Heineken to a “neutral” rating in a report on Monday, January 26th. Dbs Bank downgraded shares of Heineken from a “moderate buy” rating to a “hold” rating in a report on Thursday, February 12th. JPMorgan Chase & Co. downgraded shares of Heineken from an “overweight” rating to a “neutral” rating in a report on Wednesday. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Heineken in a report on Thursday, February 12th. Two analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat, Heineken has an average rating of “Moderate Buy”.

Heineken Stock Down 0.3%

HEINY stock opened at $37.64 on Friday. The company has a quick ratio of 0.69, a current ratio of 0.93 and a debt-to-equity ratio of 0.79. The company has a fifty day moving average price of $39.38 and a two-hundred day moving average price of $40.62. Heineken has a one year low of $37.03 and a one year high of $47.63.

Heineken Company Profile

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.