Short Interest in Heineken (OTCMKTS:HEINY) Increases By 350.7%

Heineken (OTCMKTS:HEINY) was the recipient of a large increase in short interest during 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 short-interest ratio is currently 0.0 days.

Heineken Price Performance

HEINY stock traded down $0.06 during mid-day trading on Tuesday, reaching $35.38. The company’s stock had a trading volume of 166,942 shares, compared to its average volume of 379,850. The company has a quick ratio of 0.52, a current ratio of 0.78 and a debt-to-equity ratio of 0.62. Heineken has a fifty-two week low of $32.77 and a fifty-two week high of $52.92. The company’s 50 day moving average is $35.65 and its two-hundred day moving average is $40.92.

Wall Street Analyst Weigh In

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

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.