Heineken NV (OTCMKTS:HEINY) Sees Significant Growth in Short Interest

Heineken NV (OTCMKTS:HEINY) saw a large increase in short interest in the month of January. As of January 15th, there was short interest totaling 128,487 shares, an increase of 27.0% from the December 31st total of 101,204 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 276,585 shares, the days-to-cover ratio is currently 0.5 days. Based on an average daily trading volume, of 276,585 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.0% of the company’s shares are short sold.

Wall Street Analysts Forecast Growth

HEINY has been the topic of a number of research reports. BNP Paribas Exane downgraded shares of Heineken from an “outperform” rating to a “hold” rating in a research report on Monday, January 12th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Heineken in a report on Tuesday, January 6th. UBS Group raised shares of Heineken to a “strong-buy” rating in a research report on Monday, October 27th. Finally, Oddo Bhf lowered Heineken to a “neutral” rating in a research report on Monday, January 26th. Three analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Buy”.

Heineken Stock Up 1.3%

Shares of HEINY stock traded up $0.53 on Monday, hitting $41.70. 95,580 shares of the stock were exchanged, compared to its average volume of 221,504. The firm’s 50 day moving average is $40.20 and its two-hundred day moving average is $40.18. Heineken has a one year low of $33.48 and a one year high of $46.62. The company has a quick ratio of 0.51, a current ratio of 0.75 and a debt-to-equity ratio of 0.67.

Heineken Company Profile

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.