Short Interest in Heineken (OTCMKTS:HEINY) Grows By 970.5%

Heineken (OTCMKTS:HEINY) was the recipient of a large growth in short interest during the month of March. As of March 15th, there was short interest totalling 141,300 shares, a growth of 970.5% from the February 28th total of 13,200 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 270,000 shares, the short-interest ratio is presently 0.5 days.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on HEINY shares. Royal Bank of Canada upgraded Heineken from a “sector perform” rating to an “outperform” rating in a research report on Friday, March 14th. 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

Shares of OTCMKTS:HEINY traded down $0.20 during mid-day trading on Thursday, reaching $40.23. The stock had a trading volume of 168,448 shares, compared to its average volume of 213,120. The firm has a 50 day simple moving average of $39.26 and a two-hundred day simple moving average of $39.38. 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 has a twelve month low of $32.77 and a twelve month high of $52.92.

Heineken Increases Dividend

The firm also recently announced a dividend, which will be paid on Friday, May 9th. Shareholders of record on Thursday, April 24th will be paid a $0.6136 dividend. This is a boost from Heineken’s previous dividend of $0.27. The ex-dividend date of this dividend is Thursday, April 24th.

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.