Short Interest in Koninklijke Ahold Delhaize (OTCMKTS:ADRNY) Drops By 91.5%

Koninklijke Ahold Delhaize (OTCMKTS:ADRNY - Get Free Report) was the target of a significant decline in short interest in the month of March. As of March 15th, there was short interest totalling 24,600 shares, a decline of 91.5% from the February 28th total of 288,700 shares. Approximately 0.0% of the company's shares are sold short. Based on an average daily volume of 465,000 shares, the short-interest ratio is currently 0.1 days.

Koninklijke Ahold Delhaize Stock Up 1.5 %

ADRNY traded up €0.55 ($0.60) during trading on Friday, hitting €37.27 ($40.51). The company had a trading volume of 110,100 shares, compared to its average volume of 145,529. Koninklijke Ahold Delhaize has a 1-year low of €28.34 ($30.80) and a 1-year high of €37.67 ($40.95). The business has a 50-day moving average of €36.12 and a 200-day moving average of €34.58. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.79 and a quick ratio of 0.49. The company has a market cap of $34.66 billion, a PE ratio of 18.27, a P/E/G ratio of 1.82 and a beta of 0.52.

Koninklijke Ahold Delhaize (OTCMKTS:ADRNY - Get Free Report) last announced its quarterly earnings results on Wednesday, February 12th. The company reported €0.74 ($0.80) earnings per share for the quarter. Koninklijke Ahold Delhaize had a return on equity of 15.81% and a net margin of 1.97%. As a group, analysts forecast that Koninklijke Ahold Delhaize will post 2.84 earnings per share for the current year.

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Koninklijke Ahold Delhaize Increases Dividend

The company also recently announced a dividend, which will be paid on Thursday, April 24th. Shareholders of record on Monday, April 14th will be paid a dividend of $0.7044 per share. This is a positive change from Koninklijke Ahold Delhaize's previous dividend of $0.42. The ex-dividend date of this dividend is Monday, April 14th. Koninklijke Ahold Delhaize's payout ratio is presently 54.41%.

Analyst Ratings Changes

Separately, The Goldman Sachs Group raised shares of Koninklijke Ahold Delhaize to a "strong-buy" rating in a research note on Thursday, March 13th.

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.