Heineken NV (OTCMKTS:HEINY) Short Interest Update

Heineken NV (OTCMKTS:HEINY) saw a large increase in short interest in the month of August. As of August 14th, there was short interest totaling 220,345 shares, an increase of 97.3% from the July 30th total of 111,708 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 153,679 shares, the days-to-cover ratio is presently 1.4 days.

Institutional Investors Weigh In On Heineken

A number of institutional investors have recently made changes to their positions in HEINY. Public Employees Retirement System of Ohio acquired a new position in Heineken in the second quarter worth $2,916,000. Ancora Advisors LLC acquired a new stake in Heineken during the second quarter worth about $1,585,000. Finally, Madison Asset Management LLC boosted its stake in Heineken by 22.9% in the second quarter. Madison Asset Management LLC now owns 140,879 shares of the company’s stock valued at $1,312,000 after acquiring an additional 26,226 shares during the period.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on the stock. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Heineken in a research report on Thursday, August 6th. Royal Bank Of Canada reiterated a “sector perform” rating on shares of Heineken in a research note on Tuesday, August 11th. Finally, JPMorgan Chase & Co. downgraded shares of Heineken from an “overweight” rating to a “neutral” rating in a research note on Wednesday, May 13th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold”.

Heineken Stock Down 0.2%

OTCMKTS HEINY opened at $42.04 on Friday. The company has a current ratio of 0.93, a quick ratio of 0.69 and a debt-to-equity ratio of 0.79. Heineken has a 12 month low of $37.03 and a 12 month high of $47.63. The company’s fifty day moving average price is $43.33 and its two-hundred day moving average price is $41.54.

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.