Heineken NV (OTCMKTS:HEINY) Short Interest Up 86.3% in July

Heineken NV (OTCMKTS:HEINY) was the recipient of a large increase in short interest in the month of July. As of July 15th, there was short interest totaling 288,564 shares, an increase of 86.3% from the June 30th total of 154,863 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average trading volume of 376,045 shares, the days-to-cover ratio is presently 0.8 days.

Heineken Price Performance

HEINY opened at $45.92 on Thursday. The stock’s 50 day moving average price is $41.68 and its 200 day moving average price is $41.10. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.69 and a current ratio of 0.93. Heineken has a 12 month low of $37.03 and a 12 month high of $47.63.

Wall Street Analyst Weigh In

Several research firms recently issued reports on HEINY. Deutsche Bank Aktiengesellschaft downgraded shares of Heineken from a “buy” rating to a “hold” rating in a research note on Thursday, May 28th. Zacks Research lowered shares of Heineken from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 13th. Royal Bank Of Canada restated a “sector perform” rating on shares of Heineken in a research note on Monday, April 27th. Finally, JPMorgan Chase & Co. lowered shares of Heineken from an “overweight” rating to a “neutral” rating in a report 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 given a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold”.

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.