Ahold NV (OTCMKTS:ADRNY) Short Interest Down 22.5% in August

Key Points

• Ahold NV's short interest decreased by 22.5% in August, falling from 13,800 shares on July 31 to 10,700 shares by August 15.
• The company recently declared a dividend of $0.4157 per share, resulting in a substantial dividend yield of 250.0%.
• Wall Street analysts have mixed views, with one upgrade to "strong-buy" and a downgrade to "hold" from different research firms, resulting in a consensus rating of "Moderate Buy".

Ahold NV (OTCMKTS:ADRNY - Get Free Report) saw a significant decline in short interest in August. As of August 15th, there was short interest totaling 10,700 shares, a decline of 22.5% from the July 31st total of 13,800 shares. Based on an average daily trading volume, of 81,100 shares, the short-interest ratio is currently 0.1 days. Based on an average daily trading volume, of 81,100 shares, the short-interest ratio is currently 0.1 days.

Ahold Price Performance

Shares of OTCMKTS:ADRNY traded down €0.14 during trading on Friday, hitting €40.30. 34,600 shares of the company were exchanged, compared to its average volume of 60,432. The business's 50 day moving average is €40.51 and its 200-day moving average is €39.92. The company has a market capitalization of $36.69 billion, a P/E ratio of 18.40, a price-to-earnings-growth ratio of 1.67 and a beta of 0.49. The company has a quick ratio of 0.43, a current ratio of 0.72 and a debt-to-equity ratio of 0.33. Ahold has a 1-year low of €31.64 and a 1-year high of €42.98.

Ahold (OTCMKTS:ADRNY - Get Free Report) last announced its quarterly earnings results on Wednesday, August 6th. The company reported €0.74 earnings per share (EPS) for the quarter. Ahold had a net margin of 2.02% and a return on equity of 15.88%. Equities analysts forecast that Ahold will post 2.84 earnings per share for the current year.

Ahold Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, August 28th. Stockholders of record on Tuesday, August 12th were issued a dividend of $0.4157 per share. The ex-dividend date was Monday, August 11th. This represents a dividend yield of 250.0%. Ahold's dividend payout ratio is 42.01%.

Analyst Upgrades and Downgrades

ADRNY has been the subject of several research analyst reports. Wall Street Zen upgraded shares of Ahold from a "buy" rating to a "strong-buy" rating in a research report on Thursday, May 22nd. Zacks Research downgraded shares of Ahold from a "strong-buy" rating to a "hold" rating in a research report on Thursday, August 14th. One investment analyst has rated the stock with a Strong Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy".

Ahold 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.