Short Interest in Heineken (OTCMKTS:HEINY) Expands By 38.0%

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

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on HEINY. Royal Bank of Canada upgraded shares of Heineken from an “underperform” rating to a “sector perform” rating in a research note on Wednesday, February 12th. Deutsche Bank Aktiengesellschaft downgraded shares of Heineken from a “buy” rating to a “hold” rating in a research report on Wednesday, December 4th.

Heineken Stock Up 2.3 %

OTCMKTS HEINY traded up $0.99 on Tuesday, reaching $43.25. 93,453 shares of the stock traded hands, compared to its average volume of 246,928. Heineken has a 12 month low of $32.77 and a 12 month high of $52.92. The firm’s fifty day simple moving average is $36.64 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 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.