Koninklijke Ahold Delhaize (OTCMKTS:ADRNY) Sees Large Decrease in Short Interest

Koninklijke Ahold Delhaize (OTCMKTS:ADRNY - Get Free Report) saw a significant drop in short interest in the month of September. As of September 30th, there was short interest totalling 4,400 shares, a drop of 68.8% from the September 15th total of 14,100 shares. Based on an average trading volume of 97,000 shares, the days-to-cover ratio is presently 0.0 days.

Koninklijke Ahold Delhaize Price Performance

Koninklijke Ahold Delhaize stock traded down €0.10 ($0.11) during midday trading on Thursday, reaching €34.01 ($37.37). 37,400 shares of the company were exchanged, compared to its average volume of 80,605. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.56 and a current ratio of 0.85. The company has a market capitalization of $31.90 billion, a price-to-earnings ratio of 16.48, a P/E/G ratio of 2.02 and a beta of 0.49. The firm's 50-day simple moving average is €33.79 and its 200-day simple moving average is €31.75. Koninklijke Ahold Delhaize has a 1 year low of €27.51 ($30.23) and a 1 year high of €34.94 ($38.39).

Koninklijke Ahold Delhaize (OTCMKTS:ADRNY - Get Free Report) last posted its quarterly earnings results on Wednesday, August 7th. The company reported €0.70 ($0.77) EPS for the quarter. The company had revenue of €24.06 billion during the quarter. Koninklijke Ahold Delhaize had a return on equity of 15.98% and a net margin of 2.09%. On average, analysts anticipate that Koninklijke Ahold Delhaize will post 2.75 EPS for the current year.

Koninklijke Ahold Delhaize Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, August 29th. Stockholders of record on Monday, August 12th were issued a dividend of $0.4245 per share. The ex-dividend date of this dividend was Monday, August 12th. Koninklijke Ahold Delhaize's payout ratio is currently 41.55%.

Wall Street Analyst Weigh In

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

Koninklijke Ahold Delhaize Company Profile

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.