Short Interest in Koninklijke Ahold Delhaize (OTCMKTS:ADRNY) Rises By 242.5%

Koninklijke Ahold Delhaize (OTCMKTS:ADRNY - Get Free Report) saw a large increase in short interest in the month of April. As of April 15th, there was short interest totalling 70,900 shares, an increase of 242.5% from the March 31st total of 20,700 shares. Based on an average trading volume of 246,100 shares, the short-interest ratio is presently 0.3 days.

Koninklijke Ahold Delhaize Trading Up 0.9 %

Shares of ADRNY stock traded up €0.27 ($0.29) during trading hours on Thursday, reaching €29.97 ($31.88). 81,200 shares of the stock traded hands, compared to its average volume of 99,891. The firm has a market capitalization of $28.35 billion, a PE ratio of 14.34, a PEG ratio of 4.94 and a beta of 0.50. The company has a quick ratio of 0.44, a current ratio of 0.73 and a debt-to-equity ratio of 0.28. The business has a fifty day moving average price of €29.70 and a 200 day moving average price of €29.21. Koninklijke Ahold Delhaize has a 1-year low of €27.51 ($29.27) and a 1-year high of €35.17 ($37.41).

Koninklijke Ahold Delhaize (OTCMKTS:ADRNY - Get Free Report) last released its quarterly earnings data on Wednesday, February 14th. The company reported €0.79 ($0.84) earnings per share for the quarter. The firm had revenue of €24.79 billion for the quarter. Koninklijke Ahold Delhaize had a net margin of 2.11% and a return on equity of 16.11%. On average, equities research analysts forecast that Koninklijke Ahold Delhaize will post 2.68 EPS for the current year.

Koninklijke Ahold Delhaize Increases Dividend

The business also recently disclosed a dividend, which will be paid on Thursday, April 25th. Shareholders of record on Monday, April 15th will be paid a $0.5226 dividend. The ex-dividend date is Friday, April 12th. This is a positive change from Koninklijke Ahold Delhaize's previous dividend of $0.42. Koninklijke Ahold Delhaize's dividend payout ratio is currently 49.28%.

Analyst Ratings Changes

Separately, HSBC lowered shares of Koninklijke Ahold Delhaize from a "hold" rating to a "reduce" rating in a research note on Tuesday, February 6th.

About Koninklijke Ahold Delhaize

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.