Nestlé S.A. (OTCMKTS:NSRGY) Short Interest Up 281.0% in January

Nestlé S.A. (OTCMKTS:NSRGY - Get Free Report) was the recipient of a significant growth in short interest during the month of January. As of January 15th, there was short interest totalling 112,400 shares, a growth of 281.0% from the December 31st total of 29,500 shares. Based on an average daily trading volume, of 3,069,800 shares, the short-interest ratio is currently 0.0 days.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on NSRGY shares. The Goldman Sachs Group raised Nestlé to a "strong-buy" rating in a research report on Tuesday, December 17th. Jefferies Financial Group lowered Nestlé from a "hold" rating to an "underperform" rating in a research note on Wednesday, January 8th. Citigroup lowered Nestlé from a "buy" rating to a "neutral" rating in a research note on Thursday, October 3rd. BNP Paribas upgraded Nestlé from a "strong sell" rating to a "strong-buy" rating in a research note on Wednesday, January 8th. Finally, Royal Bank of Canada upgraded Nestlé from a "sector perform" rating to an "outperform" rating in a report on Friday, October 18th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating, one has assigned a buy rating and two have issued a strong buy rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Hold".

Hedge Funds Weigh In On Nestlé

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in NSRGY. Douglas Lane & Associates LLC boosted its holdings in Nestlé by 6.4% during the third quarter. Douglas Lane & Associates LLC now owns 916,418 shares of the company's stock worth $92,299,000 after buying an additional 55,367 shares during the last quarter. Douglass Winthrop Advisors LLC lifted its stake in Nestlé by 2.5% in the 3rd quarter. Douglass Winthrop Advisors LLC now owns 1,036,741 shares of the company's stock valued at $104,417,000 after acquiring an additional 24,826 shares in the last quarter. Mengis Capital Management Inc. lifted its stake in Nestlé by 304.3% in the 3rd quarter. Mengis Capital Management Inc. now owns 22,150 shares of the company's stock valued at $2,230,000 after acquiring an additional 16,671 shares in the last quarter. Hantz Financial Services Inc. raised its stake in shares of Nestlé by 10.8% during the 4th quarter. Hantz Financial Services Inc. now owns 107,788 shares of the company's stock worth $8,806,000 after purchasing an additional 10,523 shares in the last quarter. Finally, Saybrook Capital NC raised its stake in shares of Nestlé by 11.9% during the 3rd quarter. Saybrook Capital NC now owns 63,401 shares of the company's stock worth $6,383,000 after purchasing an additional 6,742 shares in the last quarter. Institutional investors own 0.61% of the company's stock.

Nestlé Stock Up 0.9 %

Nestlé stock traded up $0.74 during mid-day trading on Friday, hitting $86.57. The stock had a trading volume of 629,537 shares, compared to its average volume of 1,112,960. The company has a debt-to-equity ratio of 1.63, a current ratio of 0.85 and a quick ratio of 0.52. Nestlé has a 12 month low of $80.11 and a 12 month high of $115.91. The stock has a 50-day simple moving average of $83.47 and a two-hundred day simple moving average of $94.02.

About Nestlé

Nestlé SA, together with its subsidiaries, operates as a food and beverage company. The company operates through Zone North America; Zone Europe; Zone Asia, Oceania, and Africa; Zone Latin America; Zone Greater China; Nespresso; and Nestlé Health Science segments. It offers baby foods under the Cerelac, Gerber, Nido, and NaturNes brands; bottled water under the Nestlé Pure Life, Perrier, Vittel, Buxton, Erikli, and S.Pellegrino brands; cereals under the Fitness, Nesquik, cheerios, and Lion Cereals brands; and chocolate and confectionery products under the KitKat, Smarties, Aero, Nestlé Les Recettes de l'Atelier, Milkybar, Baci Perugina, Quality Street, and Fitness brands.