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

Heineken (OTCMKTS:HEINY) was the target of a significant growth in short interest in the month of January. As of January 15th, there was short interest totalling 32,000 shares, a growth of 350.7% from the December 31st total of 7,100 shares. Based on an average daily trading volume, of 690,900 shares, the short-interest ratio is presently 0.0 days.

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft downgraded shares of Heineken from a “buy” rating to a “hold” rating in a research report on Wednesday, December 4th.

Heineken Price Performance

HEINY opened at $35.38 on Wednesday. The firm’s 50-day moving average price is $35.61 and its 200 day moving average price is $40.83. Heineken has a twelve month low of $32.77 and a twelve month high of $52.92. 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 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.