Heineken NV (OTCMKTS:HEINY – Get Free Report) saw a significant growth in short interest during the month of July. As of July 15th, there was short interest totaling 288,564 shares, a growth of 86.3% from the June 30th total of 154,863 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 376,045 shares, the days-to-cover ratio is presently 0.8 days.
Heineken Price Performance
Shares of HEINY stock opened at $45.68 on Friday. Heineken has a 12-month low of $37.03 and a 12-month high of $47.63. The company has a debt-to-equity ratio of 0.79, a current ratio of 0.93 and a quick ratio of 0.69. The business has a 50 day simple moving average of $41.91 and a 200 day simple moving average of $41.16.
Wall Street Analysts Forecast Growth
HEINY has been the topic of a number of research reports. Royal Bank Of Canada reiterated a “sector perform” rating on shares of Heineken in a research report on Monday, April 27th. Zacks Research lowered Heineken from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 13th. Deutsche Bank Aktiengesellschaft downgraded Heineken from a “buy” rating to a “hold” rating in a research note on Thursday, May 28th. Finally, JPMorgan Chase & Co. lowered Heineken from an “overweight” rating to a “neutral” rating in a research report on Wednesday, May 13th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold”.
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.
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