Nestlé S.A. (OTCMKTS:NSRGY – Get Free Report) was the recipient of a large growth in short interest in February. As of February 28th, there was short interest totalling 157,900 shares, a growth of 199.1% from the February 13th total of 52,800 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 1,272,500 shares, the short-interest ratio is currently 0.1 days.
Institutional Investors Weigh In On Nestlé
Institutional investors and hedge funds have recently modified their holdings of the stock. Ameriflex Group Inc. acquired a new stake in shares of Nestlé during the fourth quarter worth $26,000. Brooklyn Investment Group acquired a new stake in shares of Nestlé during the third quarter worth $36,000. Thompson Investment Management Inc. acquired a new stake in shares of Nestlé during the fourth quarter worth $33,000. Flagship Wealth Advisors LLC acquired a new stake in shares of Nestlé during the fourth quarter worth $33,000. Finally, Kohmann Bosshard Financial Services LLC acquired a new stake in shares of Nestlé during the fourth quarter worth $45,000. 0.61% of the stock is owned by institutional investors and hedge funds.
Nestlé Stock Performance
NSRGY opened at $101.07 on Friday. Nestlé has a one year low of $80.11 and a one year high of $110.46. The company has a debt-to-equity ratio of 1.63, a current ratio of 0.85 and a quick ratio of 0.52. The stock’s fifty day moving average is $89.59 and its 200-day moving average is $92.01.
Wall Street Analyst Weigh In
Read Our Latest Research Report on NSRGY
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.
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