Short Interest in Heineken (OTCMKTS:HEINY) Increases By 970.5%

Heineken (OTCMKTS:HEINY - Get Free Report) was the recipient of 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. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily volume of 270,000 shares, the days-to-cover ratio is currently 0.5 days.

Heineken Stock Up 1.8 %

OTCMKTS:HEINY traded up $0.73 during trading hours on Monday, reaching $40.95. 1,030,856 shares of the company's stock were exchanged, compared to its average volume of 225,589. The company has a current ratio of 0.78, a quick ratio of 0.52 and a debt-to-equity ratio of 0.62. Heineken has a 12 month low of $32.77 and a 12 month high of $52.92. The business's 50-day simple moving average is $39.53 and its two-hundred day simple moving average is $39.27.

Heineken Increases Dividend

The business also recently disclosed a dividend, which will be paid on Friday, May 9th. Stockholders of record on Thursday, April 24th will be paid 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.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on HEINY. Royal Bank of Canada raised Heineken from a "sector perform" rating to an "outperform" rating in a research note on Friday, March 14th. Deutsche Bank Aktiengesellschaft cut shares of Heineken from a "buy" rating to a "hold" rating in a research report on Wednesday, December 4th.

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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.