Heineken (OTCMKTS:HEINY) Short Interest Up 970.5% in March

Heineken (OTCMKTS:HEINYGet Free Report) was the target of a large increase in short interest in the month of March. As of March 15th, there was short interest totalling 141,300 shares, an increase of 970.5% from the February 28th total of 13,200 shares. Based on an average trading volume of 270,000 shares, the short-interest ratio is presently 0.5 days. Currently, 0.0% of the shares of the company are sold short.

Heineken Stock Performance

Shares of OTCMKTS:HEINY traded down $0.20 during trading on Thursday, hitting $40.23. 168,448 shares of the stock traded hands, compared to its average volume of 213,120. The company has a fifty day moving average price of $39.26 and a two-hundred day moving average price of $39.38. Heineken has a 52-week low of $32.77 and a 52-week high of $52.92. The company has a debt-to-equity ratio of 0.62, a current ratio of 0.78 and a quick ratio of 0.52.

Heineken Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, May 9th. Stockholders of record on Thursday, April 24th will be paid a dividend of $0.6136 per share. This is a positive change from Heineken’s previous dividend of $0.27. The ex-dividend date is Thursday, April 24th.

Analyst Ratings Changes

HEINY has been the subject of several recent research reports. Deutsche Bank Aktiengesellschaft cut shares of Heineken from a “buy” rating to a “hold” rating in a report on Wednesday, December 4th. Royal Bank of Canada raised Heineken from a “sector perform” rating to an “outperform” rating in a report on Friday, March 14th.

Check Out Our Latest Stock Report on HEINY

Heineken Company Profile

(Get Free Report)

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.

Further Reading

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