Koninklijke Ahold Delhaize (OTCMKTS:ADRNY) Short Interest Down 91.5% in March

Koninklijke Ahold Delhaize (OTCMKTS:ADRNY) saw a large decline in short interest in the month of March. As of March 15th, there was short interest totalling 24,600 shares, a decline of 91.5% from the February 28th total of 288,700 shares. Based on an average daily trading volume, of 465,000 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the company’s shares are sold short.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group upgraded shares of Koninklijke Ahold Delhaize to a “strong-buy” rating in a report on Thursday, March 13th.

Koninklijke Ahold Delhaize Trading Down 0.4 %

Shares of ADRNY stock traded down €0.15 ($0.16) on Wednesday, reaching €36.73 ($39.49). 53,400 shares of the stock were exchanged, compared to its average volume of 148,239. Koninklijke Ahold Delhaize has a 1-year low of €28.34 ($30.47) and a 1-year high of €37.67 ($40.51). The stock has a market cap of $34.16 billion, a P/E ratio of 18.00, a price-to-earnings-growth ratio of 1.82 and a beta of 0.52. The company has a quick ratio of 0.49, a current ratio of 0.79 and a debt-to-equity ratio of 0.35. The firm has a 50 day moving average of €35.98 and a two-hundred day moving average of €34.53.

Koninklijke Ahold Delhaize (OTCMKTS:ADRNY) last released its quarterly earnings data on Wednesday, February 12th. The company reported €0.74 ($0.80) EPS for the quarter. Koninklijke Ahold Delhaize had a return on equity of 15.81% and a net margin of 1.97%. On average, research analysts anticipate that Koninklijke Ahold Delhaize will post 2.84 EPS for the current year.

Koninklijke Ahold Delhaize Increases Dividend

The firm also recently declared a dividend, which will be paid on Thursday, April 24th. Shareholders of record on Monday, April 14th will be given a dividend of $0.7044 per share. This is a boost from Koninklijke Ahold Delhaize’s previous dividend of $0.42. The ex-dividend date of this dividend is Monday, April 14th. Koninklijke Ahold Delhaize’s payout ratio is 42.16%.

Koninklijke Ahold Delhaize Company Profile

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.