Nestlé S.A. (OTCMKTS:NSRGY) Short Interest Update

Nestlé S.A. (OTCMKTS:NSRGY - Get Free Report) was the recipient of a large growth in short interest in the month of April. As of April 15th, there was short interest totalling 81,000 shares, a growth of 70.9% from the March 31st total of 47,400 shares. Based on an average trading volume of 1,512,800 shares, the short-interest ratio is currently 0.1 days.

Institutional Investors Weigh In On Nestlé

Several hedge funds and other institutional investors have recently modified their holdings of the stock. First Horizon Advisors Inc. increased its stake in Nestlé by 30.8% in the 3rd quarter. First Horizon Advisors Inc. now owns 510 shares of the company's stock worth $58,000 after buying an additional 120 shares in the last quarter. Wetzel Investment Advisors Inc. purchased a new position in shares of Nestlé during the fourth quarter valued at about $69,000. Operose Advisors LLC purchased a new position in shares of Nestlé during the third quarter valued at about $82,000. Vestor Capital LLC grew its position in shares of Nestlé by 242.9% during the fourth quarter. Vestor Capital LLC now owns 1,334 shares of the company's stock valued at $154,000 after purchasing an additional 945 shares in the last quarter. Finally, Wesbanco Bank Inc. purchased a new position in shares of Nestlé during the first quarter valued at about $220,000. 0.61% of the stock is currently owned by hedge funds and other institutional investors.

Nestlé Trading Down 0.1 %

Shares of OTCMKTS NSRGY traded down $0.09 during midday trading on Friday, hitting $101.34. 723,240 shares of the stock traded hands, compared to its average volume of 860,257. The firm has a 50-day moving average of $105.17 and a two-hundred day moving average of $109.99. The company has a debt-to-equity ratio of 1.26, a current ratio of 0.83 and a quick ratio of 0.51. Nestlé has a one year low of $99.04 and a one year high of $131.64.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on the company. BNP Paribas downgraded Nestlé from a "neutral" rating to an "underperform" rating in a report on Tuesday, January 9th. Royal Bank of Canada upgraded Nestlé from an "underperform" rating to a "sector perform" rating in a report on Tuesday, February 27th. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and one has given a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average target price of $153.00.

About Nestlé

Nestlé SA, together with its subsidiaries, operates as a food and beverage company. The company operates through Zone North America; Zone Europe; Zone Asia, Oceania, and Africa; Zone Latin America; Zone Greater China; Nespresso; and Nestlé Health Science segments. It offers baby foods under the Cerelac, Gerber, Nido, and NaturNes brands; bottled water under the Nestlé Pure Life, Perrier, Vittel, Buxton, Erikli, and S.Pellegrino brands; cereals under the Fitness, Nesquik, cheerios, and Lion Cereals brands; and chocolate and confectionery products under the KitKat, Smarties, Aero, Nestlé Les Recettes de l'Atelier, Milkybar, Baci Perugina, Quality Street, and Fitness brands.