Heineken (OTCMKTS:HEINY) Short Interest Update

Heineken (OTCMKTS:HEINY) was the target of a significant 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. Approximately 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 270,000 shares, the days-to-cover ratio is currently 0.5 days.

Heineken Stock Down 0.0 %

OTCMKTS:HEINY opened at $40.22 on Friday. The company has a debt-to-equity ratio of 0.62, a current ratio of 0.78 and a quick ratio of 0.52. The business’s 50-day simple moving average is $39.39 and its two-hundred day simple moving average is $39.39. Heineken has a 52 week low of $32.77 and a 52 week high of $52.92.

Heineken Increases Dividend

The firm also recently declared 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 an increase from Heineken’s previous dividend of $0.27. The ex-dividend date is Thursday, April 24th.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on the company. Deutsche Bank Aktiengesellschaft cut Heineken from a “buy” rating to a “hold” rating in a research report on Wednesday, December 4th. 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.

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.