Heineken (OTCMKTS:HEINY) Short Interest Up 29.3% in August

Heineken (OTCMKTS:HEINY) was the recipient of a significant growth in short interest in the month of August. As of August 31st, there was short interest totalling 7,500 shares, a growth of 29.3% from the August 15th total of 5,800 shares. Based on an average daily volume of 41,900 shares, the short-interest ratio is presently 0.2 days.

OTCMKTS:HEINY traded up $0.18 on Monday, hitting $53.25. The stock had a trading volume of 32,100 shares, compared to its average volume of 33,239. The company has a debt-to-equity ratio of 1.02, a quick ratio of 0.65 and a current ratio of 0.83. The stock has a market cap of $61.34 billion, a P/E ratio of 45.91, a price-to-earnings-growth ratio of 0.99 and a beta of 0.85. Heineken has a 1 year low of $43.13 and a 1 year high of $61.88. The firm’s fifty day simple moving average is $56.19 and its two-hundred day simple moving average is $57.01.

The company also recently announced a dividend, which was paid on Wednesday, August 18th. Shareholders of record on Friday, August 13th were issued a $0.4403 dividend. The ex-dividend date of this dividend was Thursday, August 12th. This represents a yield of 0.75%. Heineken’s dividend payout ratio (DPR) is presently 20.69%.

Several equities analysts have recently weighed in on HEINY shares. Morgan Stanley reiterated an “equal weight” rating on shares of Heineken in a report on Wednesday, August 11th. Zacks Investment Research lowered shares of Heineken from a “buy” rating to a “hold” rating in a report on Thursday, September 9th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Heineken in a report on Tuesday, August 3rd. UBS Group reiterated a “buy” rating on shares of Heineken in a report on Wednesday, June 30th. Finally, reiterated a “positive” rating on shares of Heineken in a report on Friday, June 11th. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating and eight have given a buy rating to the company. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $60.00.

Heineken Company Profile

Heineken NV engages in the manufacture and distribution of alcoholic and non-alcoholic beverages. The firm operates through the following segments: Africa, Middle East and Eastern Europe; Americas; Asia Pacific; Europe; Head Officer and Other or Eliminations. It offers products under the Heineken, Amstel, Desperados, Sol, Tiger, Birra Moretti, Affligem, Lagunitas, Mort Subite, Strongbow Apple Ciders, Orchard Thieves, Stassen, Bulmers, Old Mout and Blind Pig brands.

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