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

Heineken NV (OTCMKTS:HEINY) saw 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. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 158,049 shares, the days-to-cover ratio is currently 0.1 days.

Analysts Set New Price Targets

HEINY has been the topic of several research reports. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Heineken in a report on Monday, April 27th. JPMorgan Chase & Co. lowered shares of Heineken from an “overweight” rating to a “neutral” rating in a report on Wednesday. Dbs Bank lowered shares of Heineken from a “moderate buy” rating to a “hold” rating in a report on Thursday, February 12th. Oddo Bhf lowered shares of Heineken to a “neutral” rating in a report on Monday, January 26th. Finally, Citigroup reaffirmed a “buy” rating on shares of Heineken in a report on Thursday, February 12th. Two equities research analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy”.

Heineken Stock Up 1.8%

OTCMKTS:HEINY traded up $0.67 during mid-day trading on Friday, hitting $38.31. 99,839 shares of the company’s stock were exchanged, compared to its average volume of 91,530. The company has a 50 day simple moving average of $39.29 and a 200-day simple moving average of $40.60. The company has a quick ratio of 0.69, a current ratio of 0.93 and a debt-to-equity ratio of 0.79. Heineken has a fifty-two week low of $37.03 and a fifty-two week high of $47.63.

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.