Short Interest in Heineken (OTCMKTS:HEINY) Decreases By 15.7%

Heineken (OTCMKTS:HEINY - Get Free Report) was the target of a significant drop in short interest during the month of May. As of May 15th, there was short interest totalling 58,600 shares, a drop of 15.7% from the April 30th total of 69,500 shares. Based on an average trading volume of 156,400 shares, the short-interest ratio is currently 0.4 days. Approximately 0.0% of the shares of the stock are short sold.

Heineken Trading Up 4.0%

Shares of HEINY traded up $1.79 during trading hours on Wednesday, hitting $46.31. The company had a trading volume of 150,732 shares, compared to its average volume of 170,837. Heineken has a 52-week low of $32.77 and a 52-week high of $51.92. The company has a quick ratio of 0.52, a current ratio of 0.78 and a debt-to-equity ratio of 0.62. The stock's 50 day moving average price is $43.23 and its 200 day moving average price is $39.66.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on HEINY shares. Royal Bank of Canada upgraded shares of Heineken from a "sector perform" rating to an "outperform" rating in a report on Friday, March 14th. Berenberg Bank upgraded shares of Heineken to a "strong-buy" rating in a research report on Wednesday, April 2nd.

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.