Ahold NV (OTCMKTS:ADRNY) Shares Shorted: Short Interest Up 66.1% in September

Ahold NV (OTCMKTS:ADRNY) saw a significant growth in short interest in the month of September. As of September 30th, there was short interest totaling 141,660 shares, a growth of 66.1% from the September 15th total of 85,274 shares. Based on an average daily volume of 380,761 shares, the short-interest ratio is presently 0.4 days. Currently, 0.0% of the company’s shares are sold short.

Wall Street Analyst Weigh In

Separately, Royal Bank Of Canada upgraded shares of Ahold to a “hold” rating in a report on Monday, July 6th. One analyst has rated the stock with a Strong Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy”.

Ahold Trading Up 0.9%

Shares of Ahold stock opened at €36.48 on Friday. The firm has a market capitalization of $31.87 billion, a price-to-earnings ratio of 12.37, a PEG ratio of 1.68 and a beta of 0.41. Ahold has a fifty-two week low of €32.25 and a fifty-two week high of €50.02. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.41 and a current ratio of 0.71. The stock has a 50 day moving average of €36.30 and a 200 day moving average of €40.66.

Ahold (OTCMKTS:ADRNY) last posted its earnings results on Wednesday, August 5th. The company reported €0.74 EPS for the quarter, beating analysts’ consensus estimates of €0.72 by €0.02. Ahold had a return on equity of 16.64% and a net margin of 2.45%. As a group, research analysts predict that Ahold will post 3.13 earnings per share for the current year.

Ahold Company Profile

Ahold Delhaize is a Netherlands-based international food retail and distribution company. Its operations include supermarkets, convenience stores, specialty stores and online grocery platforms, offering fresh food, packaged groceries, household products, health and beauty items, and related consumer goods. The company also operates pharmacy and liquor retail businesses in selected markets.

The company was formed in 2016 through the merger of Dutch retailer Koninklijke Ahold N.V. and Belgian retailer Delhaize Group.