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 during the month of March. As of March 31st, there was short interest totalling 16,600 shares, a decline of 19.8% from the March 15th total of 20,700 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ? days.

Wall Street Analyst Weigh In

Separately, The Goldman Sachs Group started coverage on shares of Royal Unibrew A/S in a report on Thursday, March 27th. They issued a “buy” rating on the stock.

Royal Unibrew A/S Stock Performance

Shares of ROYUF stock remained flat at $75.58 during mid-day trading on Monday. The business’s fifty day moving average price is $75.58 and its 200-day moving average price is $75.58. Royal Unibrew A/S has a 1 year low of $65.20 and a 1 year high of $89.19.

Royal Unibrew A/S Company Profile

Royal Unibrew A/S provides beer, soft drinks, malt beverages, energy drinks, cider/ready to drink, juice, water, and wine and spirits. It offers its products under the Royal Beers, Lapin Kulta, Cido, Craft, Faxe Kondi, Ceres, Faxe, Original Long Drink, Lacplesis, Vitamalt, Mangali, Novelle, Nikoline, Kalnapilis, Egekidle, Supermalt, Polar Monkeys, Lorina, SHAKER, MOKAI, LemonSoda, Nohrlund, Power Malt, Fonti di Crodo, CULT, Lahden Erikois, Vilkmerges, and Lielvardes brands, as well as partnership with brands, such as Heineken and PepsiCo It serves customers in Denmark, Germany, Norway, Sweden, Italy, the Netherlands, France, Finland, Lithuania, Latvia, Estonia, and internationally.