Nestlé S.A. (OTCMKTS:NSRGY) Short Interest Up 38.8% in March

Nestlé S.A. (OTCMKTS:NSRGY - Get Free Report) saw a large increase in short interest in March. As of March 15th, there was short interest totalling 219,200 shares, an increase of 38.8% from the February 28th total of 157,900 shares. Approximately 0.0% of the company's stock are sold short. Based on an average daily trading volume, of 1,047,600 shares, the days-to-cover ratio is currently 0.2 days.

Analyst Upgrades and Downgrades

A number of brokerages have commented on NSRGY. Royal Bank of Canada downgraded shares of Nestlé from an "outperform" rating to a "sector perform" rating in a research report on Friday, March 21st. Jefferies Financial Group cut Nestlé from a "hold" rating to an "underperform" rating in a research report on Wednesday, January 8th. The Goldman Sachs Group upgraded shares of Nestlé to a "strong-buy" rating in a research report on Tuesday, December 17th. Finally, BNP Paribas upgraded shares of Nestlé from a "strong sell" rating to a "strong-buy" rating in a research note on Wednesday, January 8th. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat, Nestlé currently has an average rating of "Hold".

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the stock. Ameriflex Group Inc. acquired a new position in Nestlé in the fourth quarter worth $26,000. Flagship Wealth Advisors LLC acquired a new position in shares of Nestlé during the fourth quarter valued at approximately $33,000. Thompson Investment Management Inc. acquired a new stake in Nestlé in the fourth quarter worth approximately $33,000. Kohmann Bosshard Financial Services LLC bought a new position in Nestlé during the 4th quarter valued at $45,000. Finally, Murphy & Mullick Capital Management Corp acquired a new position in shares of Nestlé during the 4th quarter valued at $49,000. 0.61% of the stock is currently owned by institutional investors.

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Nestlé Trading Down 0.2 %

Shares of OTCMKTS:NSRGY traded down $0.17 during mid-day trading on Thursday, hitting $101.73. 373,348 shares of the company traded hands, compared to its average volume of 900,944. The firm's 50 day simple moving average is $94.90 and its 200 day simple moving average is $91.63. Nestlé has a 52-week low of $80.11 and a 52-week high of $110.46. The company has a debt-to-equity ratio of 1.63, a quick ratio of 0.52 and a current ratio of 0.85.

Nestlé Company Profile

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.