Ahold NV (OTCMKTS:ADRNY) Short Interest Update

Key Points

• Ahold NV experienced a significant increase in short interest, rising by 261.8% in July, with a total of 19,900 shares shorted compared to 5,500 shares at the end of June.
• Equities analysts issued mixed ratings, with Kepler Capital Markets downgrading Ahold from "strong-buy" to "hold," while Wall Street Zen upgraded it from "buy" to "strong-buy."
• As of the latest trading session, Ahold's share price was €39.47 ($45.90), with the company's market cap at $35.94 billion and a price-to-earnings ratio of 18.98.

Ahold NV (OTCMKTS:ADRNY - Get Free Report) saw a large increase in short interest in the month of July. As of July 15th, there was short interest totaling 19,900 shares, anincreaseof261.8% from the June 30th total of 5,500 shares. Based on an average daily trading volume, of 90,900 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily trading volume, of 90,900 shares, the days-to-cover ratio is currently 0.2 days.

Analyst Ratings Changes

Several equities analysts have weighed in on ADRNY shares. Kepler Capital Markets cut Ahold from a "strong-buy" rating to a "hold" rating in a research note on Thursday, May 8th. Wall Street Zen upgraded Ahold from a "buy" rating to a "strong-buy" rating in a research note on Thursday, May 22nd.

Ahold Price Performance

Shares of OTCMKTS ADRNY traded up €0.02 ($0.02) during midday trading on Friday, hitting €39.47 ($45.90). 48,300 shares of the company's stock were exchanged, compared to its average volume of 45,223. Ahold has a 12-month low of €31.64 ($36.79) and a 12-month high of €42.98 ($49.98). The company has a current ratio of 0.75, a quick ratio of 0.46 and a debt-to-equity ratio of 0.31. The company has a market cap of $35.94 billion, a price-to-earnings ratio of 18.98, a PEG ratio of 1.59 and a beta of 0.50. The business's fifty day moving average price is €41.24 and its two-hundred day moving average price is €38.88.

Ahold (OTCMKTS:ADRNY - Get Free Report) last released its earnings results on Wednesday, May 7th. The company reported €0.65 ($0.76) earnings per share for the quarter. Ahold had a return on equity of 15.69% and a net margin of 1.98%. As a group, research analysts forecast that Ahold will post 2.84 EPS for the current fiscal year.

About Ahold

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.