Short Interest in Heineken (OTCMKTS:HEINY) Decreases By 86.2%

Heineken (OTCMKTS:HEINY - Get Free Report) was the target of a large decrease in short interest in the month of February. As of February 28th, there was short interest totalling 13,200 shares, a decrease of 86.2% from the February 13th total of 95,600 shares. Currently, 0.0% of the company's shares are short sold. Based on an average daily volume of 331,600 shares, the days-to-cover ratio is presently 0.0 days.

Heineken Price Performance

Shares of HEINY traded up $0.74 during trading hours on Friday, reaching $42.86. The stock had a trading volume of 106,948 shares, compared to its average volume of 230,781. Heineken has a 12 month low of $32.77 and a 12 month high of $52.92. The firm has a 50-day simple moving average of $38.04 and a 200 day simple moving average of $39.57. The company has a debt-to-equity ratio of 0.62, a current ratio of 0.78 and a quick ratio of 0.52.

Analysts Set New Price Targets

A number of equities analysts have issued reports on HEINY shares. Royal Bank of Canada upgraded Heineken from a "sector perform" rating to an "outperform" rating in a report on Friday. Deutsche Bank Aktiengesellschaft cut Heineken from a "buy" rating to a "hold" rating in a report on Wednesday, December 4th.

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.