Heineken (OTCMKTS:HEINY) Sees Large Increase in Short Interest

Heineken (OTCMKTS:HEINY) saw a significant increase in short interest during the month of January. As of January 15th, there was short interest totalling 32,000 shares, an increase of 350.7% from the December 31st total of 7,100 shares. Based on an average daily volume of 690,900 shares, the short-interest ratio is presently 0.0 days.

Wall Street Analyst Weigh In

Separately, Deutsche Bank Aktiengesellschaft downgraded shares of Heineken from a “buy” rating to a “hold” rating in a research note on Wednesday, December 4th.

Heineken Stock Performance

HEINY opened at $35.38 on Wednesday. The firm’s fifty day moving average price is $35.61 and its two-hundred day moving average price is $40.83. Heineken has a fifty-two week low of $32.77 and a fifty-two week high of $52.92. The company has a current ratio of 0.78, a quick ratio of 0.52 and a debt-to-equity ratio of 0.62.

Heineken Company Profile

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.