Koninklijke Ahold Delhaize (OTCMKTS:ADRNY) Short Interest Up 6,556.8% in October

Koninklijke Ahold Delhaize (OTCMKTS:ADRNY) was the target of a large growth in short interest during the month of October. As of October 15th, there was short interest totalling 292,900 shares, a growth of 6,556.8% from the September 30th total of 4,400 shares. Based on an average daily trading volume, of 232,300 shares, the days-to-cover ratio is presently 1.3 days.

Koninklijke Ahold Delhaize Trading Up 0.4 %

Shares of ADRNY stock opened at €33.08 ($35.96) on Friday. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.56 and a current ratio of 0.85. The company has a market capitalization of $31.03 billion, a price-to-earnings ratio of 15.98, a PEG ratio of 1.99 and a beta of 0.49. Koninklijke Ahold Delhaize has a 52-week low of €27.51 ($29.90) and a 52-week high of €34.94 ($37.97). The company has a 50-day simple moving average of €33.94 and a two-hundred day simple moving average of €32.00.

Koninklijke Ahold Delhaize (OTCMKTS:ADRNY) last released its earnings results on Wednesday, August 7th. The company reported €0.70 ($0.76) earnings per share (EPS) for the quarter. The company had revenue of €24.06 billion during the quarter. Koninklijke Ahold Delhaize had a return on equity of 15.98% and a net margin of 2.09%. Research analysts anticipate that Koninklijke Ahold Delhaize will post 2.77 EPS for the current fiscal year.

Koninklijke Ahold Delhaize Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, August 29th. Stockholders of record on Monday, August 12th were given a dividend of $0.4245 per share. The ex-dividend date was Monday, August 12th. Koninklijke Ahold Delhaize’s dividend payout ratio is presently 41.55%.

Analysts Set New Price Targets

Separately, Hsbc Global Res upgraded Koninklijke Ahold Delhaize from a “moderate sell” rating to a “hold” rating in a research note on Monday, September 23rd.

Koninklijke Ahold Delhaize Company Profile

Koninklijke Ahold Delhaize N.V. operates retail food stores and e-commerce in the United States, Europe, and internationally. The company's stores offer produce, dairy, meat, deli, bakery, seafood, and frozen products; grocery, beer, and wine; floral, pet food, health and beauty care, kitchen and cookware, gardening tools, general merchandise articles, electronics, newspapers and magazines, tobacco, etc.; gasoline; and pharmacy products.