Heineken (OTCMKTS:HEINY) Sees Significant Growth in Short Interest

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

Heineken Price Performance

Shares of OTCMKTS:HEINY traded down $0.38 during trading on Thursday, reaching $35.00. 160,422 shares of the stock were exchanged, compared to its average volume of 338,456. The company has a debt-to-equity ratio of 0.62, a current ratio of 0.78 and a quick ratio of 0.52. Heineken has a 1-year low of $32.77 and a 1-year high of $52.92. The stock has a fifty day moving average of $35.56 and a two-hundred day moving average of $40.79.

Analyst Ratings Changes

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

About Heineken

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.