Heineken (OTCMKTS:HEINY) Short Interest Update

Heineken (OTCMKTS:HEINY) saw a large increase in short interest in March. As of March 15th, there was short interest totalling 141,300 shares, an increase of 970.5% from the February 28th total of 13,200 shares. Based on an average daily trading volume, of 270,000 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.0% of the shares of the stock are sold short.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the stock. Royal Bank of Canada upgraded shares of Heineken from a “sector perform” rating to an “outperform” rating in a research report on Friday, March 14th. Deutsche Bank Aktiengesellschaft lowered Heineken from a “buy” rating to a “hold” rating in a research note on Wednesday, December 4th.

Heineken Trading Down 0.5 %

Shares of OTCMKTS HEINY traded down $0.20 during mid-day trading on Thursday, hitting $40.23. 168,448 shares of the stock were exchanged, compared to its average volume of 213,120. The stock’s fifty day simple moving average is $39.26 and its two-hundred day simple moving average is $39.38. Heineken has a twelve month low of $32.77 and a twelve month high of $52.92. 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 Increases Dividend

The business also recently disclosed a dividend, which will be paid on Friday, May 9th. Shareholders of record on Thursday, April 24th will be issued a dividend of $0.6136 per share. The ex-dividend date of this dividend is Thursday, April 24th. This is a positive change from Heineken’s previous dividend of $0.27.

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.