Short Interest in Koninklijke Ahold Delhaize (OTCMKTS:ADRNY) Declines By 21.5%

Koninklijke Ahold Delhaize (OTCMKTS:ADRNY - Get Free Report) saw a large drop in short interest in March. As of March 31st, there was short interest totalling 19,300 shares, a drop of 21.5% from the March 15th total of 24,600 shares. Currently, 0.0% of the company's stock are sold short. Based on an average trading volume of 93,700 shares, the short-interest ratio is presently 0.2 days.

Koninklijke Ahold Delhaize Stock Performance

Shares of OTCMKTS:ADRNY traded down €0.19 ($0.22) during trading on Thursday, hitting €40.50 ($46.02). 43,200 shares of the company traded hands, compared to its average volume of 134,296. Koninklijke Ahold Delhaize has a one year low of €29.27 ($33.26) and a one year high of €40.99 ($46.58). The stock has a market capitalization of $37.00 billion, a price-to-earnings ratio of 19.85, a PEG ratio of 1.82 and a beta of 0.53. The company has a quick ratio of 0.49, a current ratio of 0.79 and a debt-to-equity ratio of 0.35. The business's fifty day moving average is €37.07 and its 200-day moving average is €35.10.

Koninklijke Ahold Delhaize (OTCMKTS:ADRNY - Get Free Report) last posted its earnings results on Wednesday, February 12th. The company reported €0.74 ($0.84) earnings per share (EPS) for the quarter. Koninklijke Ahold Delhaize had a net margin of 1.97% and a return on equity of 15.81%. As a group, equities analysts predict that Koninklijke Ahold Delhaize will post 2.84 earnings per share for the current fiscal year.

Koninklijke Ahold Delhaize Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Thursday, April 24th. Stockholders of record on Monday, April 14th will be given a dividend of $0.7044 per share. This is a positive change from Koninklijke Ahold Delhaize's previous dividend of $0.42. The ex-dividend date of this dividend is Monday, April 14th. Koninklijke Ahold Delhaize's dividend payout ratio (DPR) is 59.31%.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group upgraded Koninklijke Ahold Delhaize to a "strong-buy" rating in a research report on Thursday, March 13th.

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.