Heineken (OTCMKTS:HEINY) Sees Large Increase in Short Interest

Heineken (OTCMKTS:HEINY) saw a large growth in short interest in the month of February. As of February 15th, there was short interest totalling 95,600 shares, a growth of 38.0% from the January 31st total of 69,300 shares. Based on an average trading volume of 291,800 shares, the short-interest ratio is presently 0.3 days.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on HEINY shares. Deutsche Bank Aktiengesellschaft cut shares of Heineken from a “buy” rating to a “hold” rating in a research report on Wednesday, December 4th. Royal Bank of Canada raised Heineken from an “underperform” rating to a “sector perform” rating in a research note on Wednesday, February 12th.

Heineken Price Performance

OTCMKTS HEINY traded up $0.99 during mid-day trading on Wednesday, hitting $43.25. The company’s stock had a trading volume of 93,453 shares, compared to its average volume of 246,928. The company’s 50 day simple moving average is $36.79 and its 200 day simple moving average is $39.61. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.52 and a current ratio of 0.78. Heineken has a twelve month low of $32.77 and a twelve month high of $52.92.

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.