Royal Unibrew A/S (OTCMKTS:ROYUF) Short Interest Down 19.8% in March

Royal Unibrew A/S (OTCMKTS:ROYUF) saw a significant decline in short interest during the month of March. As of March 31st, there was short interest totalling 16,600 shares, a decline of 19.8% from the March 15th total of 20,700 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Analyst Ratings Changes

Separately, The Goldman Sachs Group initiated coverage on Royal Unibrew A/S in a report on Thursday, March 27th. They set a “buy” rating on the stock.

Royal Unibrew A/S Price Performance

Shares of OTCMKTS:ROYUF remained flat at $75.58 during trading on Friday. Royal Unibrew A/S has a twelve month low of $65.20 and a twelve month high of $89.19. The business has a 50-day moving average of $75.58 and a 200-day moving average of $75.58.

About Royal Unibrew A/S

Royal Unibrew A/S provides beer, soft drinks, malt beverages, energy drinks, cider/ready to drink, juice, water, and wine and spirits. It offers its products under the Royal Beers, Lapin Kulta, Cido, Craft, Faxe Kondi, Ceres, Faxe, Original Long Drink, Lacplesis, Vitamalt, Mangali, Novelle, Nikoline, Kalnapilis, Egekidle, Supermalt, Polar Monkeys, Lorina, SHAKER, MOKAI, LemonSoda, Nohrlund, Power Malt, Fonti di Crodo, CULT, Lahden Erikois, Vilkmerges, and Lielvardes brands, as well as partnership with brands, such as Heineken and PepsiCo It serves customers in Denmark, Germany, Norway, Sweden, Italy, the Netherlands, France, Finland, Lithuania, Latvia, Estonia, and internationally.