Short Interest in Royal Unibrew A/S (OTCMKTS:ROYUF) Increases By 200.1%

Royal Unibrew A/S (OTCMKTS:ROYUF) was the recipient of a significant growth in short interest in the month of April. As of April 30th, there was short interest totaling 15,493 shares, a growth of 200.1% from the April 15th total of 5,162 shares. Based on an average daily trading volume, of 73 shares, the short-interest ratio is currently 212.2 days.

Royal Unibrew A/S Price Performance

ROYUF stock remained flat at $65.60 during mid-day trading on Friday. The business has a fifty day simple moving average of $70.48 and a 200-day simple moving average of $72.19. Royal Unibrew A/S has a 52-week low of $64.86 and a 52-week high of $67.30.

Analyst Ratings Changes

Several research analysts recently weighed in on the company. The Goldman Sachs Group lowered Royal Unibrew A/S from a “buy” rating to a “neutral” rating in a research report on Tuesday, April 21st. Deutsche Bank Aktiengesellschaft lowered Royal Unibrew A/S from a “buy” rating to a “hold” rating in a research report on Tuesday, April 21st. Three analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, Royal Unibrew A/S presently has an average rating of “Moderate Buy”.

About Royal Unibrew A/S

Royal Unibrew A/S is a Denmark-based brewing and beverage group with its origins in the 1989 merger of regional breweries. Over the decades the company has built a diversified product portfolio encompassing beer, malt beverages, soft drinks, cider and water. Key beer brands include Royal, Faxe and Ceres, while its soft drink range features Faxe Kondi alongside a variety of flavored waters and energy drinks.

In beer, Royal Unibrew produces both traditional lagers and specialty craft-style brews.