Short Interest in Koninklijke Ahold Delhaize (OTCMKTS:ADRNY) Decreases By 7.4%

Koninklijke Ahold Delhaize (OTCMKTS:ADRNY - Get Free Report) was the target of a large drop in short interest during the month of December. As of December 15th, there was short interest totalling 297,200 shares, a drop of 7.4% from the November 30th total of 320,900 shares. Based on an average daily trading volume, of 123,300 shares, the short-interest ratio is currently 2.4 days.

Analyst Upgrades and Downgrades

Separately, Hsbc Global Res raised shares of Koninklijke Ahold Delhaize from a "moderate sell" rating to a "hold" rating in a report on Monday, September 23rd.

Koninklijke Ahold Delhaize Price Performance

Shares of ADRNY stock traded down €0.24 ($0.25) during trading hours on Monday, hitting €32.51 ($33.86). 75,600 shares of the company's stock were exchanged, compared to its average volume of 83,765. Koninklijke Ahold Delhaize has a fifty-two week low of €27.51 ($28.66) and a fifty-two week high of €35.26 ($36.73). The firm has a market cap of $30.23 billion, a P/E ratio of 15.41, a P/E/G ratio of 2.07 and a beta of 0.50. The company has a quick ratio of 0.56, a current ratio of 0.79 and a debt-to-equity ratio of 0.35. The firm has a 50 day moving average of €33.74 and a two-hundred day moving average of €33.06.

About Koninklijke Ahold Delhaize

Koninklijke Ahold Delhaize N.V. operates retail food stores and e-commerce in the United States, Europe, and internationally. The company's stores offer produce, dairy, meat, deli, bakery, seafood, and frozen products; grocery, beer, and wine; floral, pet food, health and beauty care, kitchen and cookware, gardening tools, general merchandise articles, electronics, newspapers and magazines, tobacco, etc.; gasoline; and pharmacy products.