Short Interest in Koninklijke Ahold Delhaize (OTCMKTS:ADRNY) Drops By 9.6%

Koninklijke Ahold Delhaize (OTCMKTS:ADRNY) saw a large decline in short interest in the month of December. As of December 31st, there was short interest totalling 268,600 shares, a decline of 9.6% from the December 15th total of 297,200 shares. Based on an average trading volume of 154,900 shares, the short-interest ratio is presently 1.7 days.

Koninklijke Ahold Delhaize Stock Performance

OTCMKTS ADRNY opened at €34.88 ($35.96) on Friday. The company has a market capitalization of $32.44 billion, a PE ratio of 16.53, a price-to-earnings-growth ratio of 1.94 and a beta of 0.52. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.49 and a current ratio of 0.79. Koninklijke Ahold Delhaize has a 52-week low of €27.51 ($28.36) and a 52-week high of €35.26 ($36.35). The company has a 50-day simple moving average of €33.67 and a 200 day simple moving average of €33.35.

Analysts Set New Price Targets

Separately, Hsbc Global Res upgraded Koninklijke Ahold Delhaize from a “moderate sell” rating to a “hold” rating in a research note on Monday, September 23rd.

About Koninklijke Ahold Delhaize

Koninklijke Ahold Delhaize N.V. operates retail food stores and e-commerce in the United States, Europe, and internationally. The company's stores offer produce, dairy, meat, deli, bakery, seafood, and frozen products; grocery, beer, and wine; floral, pet food, health and beauty care, kitchen and cookware, gardening tools, general merchandise articles, electronics, newspapers and magazines, tobacco, etc.; gasoline; and pharmacy products.