Ahold NV (OTCMKTS:ADRNY) Short Interest Update

Ahold NV (OTCMKTS:ADRNY) saw a large drop in short interest in January. As of January 30th, there was short interest totaling 3,661 shares, a drop of 90.9% from the January 15th total of 40,219 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 166,777 shares, the short-interest ratio is presently 0.0 days. Based on an average daily volume of 166,777 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are short sold.

Analyst Ratings Changes

A number of equities analysts recently issued reports on ADRNY shares. UBS Group raised Ahold from a “strong sell” rating to a “hold” rating in a report on Thursday, October 16th. Kepler Capital Markets upgraded shares of Ahold from a “hold” rating to a “strong-buy” rating in a report on Thursday, November 6th. Finally, Zacks Research lowered shares of Ahold from a “hold” rating to a “strong sell” rating in a research note on Thursday, January 1st. Three investment analysts have rated the stock with a Strong Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Buy”.

Ahold Stock Performance

Shares of ADRNY traded up €0.08 during mid-day trading on Tuesday, reaching €41.16. 103,903 shares of the company’s stock were exchanged, compared to its average volume of 69,937. The business’s fifty day simple moving average is €40.14 and its 200-day simple moving average is €40.57. Ahold has a 52-week low of €32.25 and a 52-week high of €43.26. The stock has a market capitalization of $36.73 billion, a PE ratio of 16.40, a price-to-earnings-growth ratio of 2.36 and a beta of 0.50. The company has a debt-to-equity ratio of 0.33, a current ratio of 0.70 and a quick ratio of 0.42.

About Ahold

Ahold Delhaize (often shortened to Ahold) is an international retail grocery group that operates supermarkets, online grocery platforms and related food retail services. The company’s operations span both brick-and-mortar stores and digital channels, offering a mix of fresh foods, packaged groceries, household goods and private-label products. Its business model combines local store networks with centralized purchasing, distribution and supply-chain capabilities to serve everyday consumer needs.

The firm was formed through the 2016 merger of Koninklijke Ahold and Delhaize Group, creating a combined network of banners and ecommerce platforms across multiple geographies.