Royal Unibrew A/S (OTCMKTS:ROYUF) Short Interest Update

Royal Unibrew A/S (OTCMKTS:ROYUF) was the recipient of a significant decline in short interest in June. As of June 30th, there was short interest totaling 34,552 shares, a decline of 85.4% from the June 15th total of 236,123 shares. Based on an average daily trading volume, of 103 shares, the short-interest ratio is currently 335.5 days.

Royal Unibrew A/S Stock Performance

Shares of OTCMKTS ROYUF remained flat at $70.00 on Friday. Royal Unibrew A/S has a 12-month low of $63.25 and a 12-month high of $70.00. The business has a fifty day moving average price of $65.62 and a two-hundred day moving average price of $70.09.

Analyst Ratings Changes

Several equities research analysts have recently commented on ROYUF shares. The Goldman Sachs Group lowered Royal Unibrew A/S from a “buy” rating to a “neutral” rating in a research note on Tuesday, April 21st. Deutsche Bank Aktiengesellschaft cut Royal Unibrew A/S from a “buy” rating to a “hold” rating in a report on Tuesday, April 21st. Three research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, Royal Unibrew A/S currently has a consensus 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.