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

Heineken NV (OTCMKTS:HEINY) was the target of a large 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 trading volume of 158,049 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the company’s shares are sold short.

Heineken Price Performance

Shares of HEINY stock opened at $37.64 on Friday. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.69 and a current ratio of 0.93. The company’s 50 day moving average price is $39.38 and its two-hundred day moving average price is $40.62. Heineken has a 52 week low of $37.03 and a 52 week high of $47.63.

Wall Street Analyst Weigh In

Several research firms recently weighed in on HEINY. Citigroup reissued a “buy” rating on shares of Heineken in a research note on Thursday, February 12th. Oddo Bhf lowered shares of Heineken to a “neutral” rating in a research note on Monday, January 26th. Zacks Research lowered shares of Heineken from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 13th. Dbs Bank lowered shares of Heineken from a “moderate buy” rating to a “hold” rating in a research note on Thursday, February 12th. Finally, Royal Bank Of Canada reissued a “sector perform” rating on shares of Heineken in a research note on Monday, April 27th. Two equities research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat, Heineken currently has a consensus rating of “Moderate 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.