Heineken (OTCMKTS:HEINY) Sees Significant Decline in Short Interest

Heineken (OTCMKTS:HEINY) was the recipient of a large decline in short interest in August. As of August 15th, there was short interest totalling 100 shares, a decline of 94.4% from the July 31st total of 1,800 shares. Based on an average daily trading volume, of 315,000 shares, the short-interest ratio is currently 0.0 days.

Heineken Stock Up 1.3 %

Shares of OTCMKTS:HEINY traded up $0.59 during mid-day trading on Tuesday, reaching $45.46. 129,131 shares of the company traded hands, compared to its average volume of 90,751. The company’s 50 day moving average price is $46.84 and its 200-day moving average price is $48.05. Heineken has a 52 week low of $42.92 and a 52 week high of $52.92. The company has a current ratio of 0.77, a quick ratio of 0.52 and a debt-to-equity ratio of 0.62.

Heineken Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, August 15th. Shareholders of record on Thursday, August 8th were issued a dividend of $0.2703 per share. The ex-dividend date was Thursday, August 8th.

About Heineken

Heineken N.V. brews and sells beer and cider in the Americas, Europe, Africa, the Middle East, Eastern Europe, and the Asia Pacific. The company provides soft drinks and water. It offers its beers under the Heineken, Heineken Light, Orchard Thieves, Orchard Thieves Light, Birra Moretti, Coors, Murphy's and Beamish Stouts, Desperados, Tiger, Sol, and Foster's brand, as well as under regional and local brands.