Short Interest in Heineken NV (OTCMKTS:HEINY) Decreases By 93.8%

Key Points

• Short interest fell 93.8% in March to 7,582 shares (about 0.0% of shares short), leaving a days-to-cover ratio of 0.0 days based on average volume.
• Shares recently traded at $39.95, with a 50‑day moving average of $42.02, a 200‑day moving average of $40.65, and a 52‑week range of $37.03–$47.63.
• Analysts have a consensus rating of Moderate Buy, composed of 3 Strong Buy, 2 Buy and 4 Hold ratings, with several recent analyst updates including upgrades and reaffirmations.

Heineken NV (OTCMKTS:HEINY - Get Free Report) was the recipient of a significant decrease in short interest in the month of March. As of March 31st, there was short interest totaling 7,582 shares, a decrease of 93.8% from the March 15th total of 122,018 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 217,203 shares, the days-to-cover ratio is presently 0.0 days.

Heineken Stock Performance

Shares of HEINY traded up $0.12 during trading hours on Friday, hitting $39.95. The stock had a trading volume of 61,414 shares, compared to its average volume of 133,313. The firm has a 50-day moving average price of $42.02 and a 200 day moving average price of $40.65. Heineken has a fifty-two week low of $37.03 and a fifty-two week high of $47.63. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.69 and a current ratio of 0.93.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on HEINY shares. Royal Bank Of Canada restated a "sector perform" rating on shares of Heineken in a research report on Thursday, February 12th. Citigroup reaffirmed a "buy" rating on shares of Heineken in a research report on Thursday, February 12th. Oddo Bhf cut Heineken to a "neutral" rating in a report on Monday, January 26th. Deutsche Bank Aktiengesellschaft restated a "buy" rating on shares of Heineken in a research note on Thursday, February 12th. Finally, Zacks Research raised Heineken from a "hold" rating to a "strong-buy" rating in a report on Thursday, February 26th. Three equities research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, Heineken has a consensus rating of "Moderate Buy".

Heineken Company Profile

Heineken N.V. is a global brewing company best known for its flagship Heineken lager and a diversified portfolio of international and local beer brands. The company's activities span brewing, marketing and distribution of beer and cider products, serving on‑trade and off‑trade channels as well as e‑commerce. Heineken combines global brand management with local production through a network of owned breweries, joint ventures and licensed partners to reach consumers across different markets.

Founded in Amsterdam in 1864 by Gerard Adriaan Heineken, the company has grown into one of the world's largest brewers.

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