Heineken (OTCMKTS:HEINY – Get Free Report) was the recipient of a large decrease in short interest during the month of December. As of December 15th, there was short interest totalling 7,100 shares, a decrease of 87.9% from the November 30th total of 58,800 shares. Based on an average trading volume of 528,600 shares, the days-to-cover ratio is presently 0.0 days.
Heineken Price Performance
Shares of HEINY stock traded up $0.10 on Thursday, hitting $35.69. The stock had a trading volume of 298,551 shares, compared to its average volume of 133,278. The company’s 50 day moving average price is $38.22 and its 200-day moving average price is $43.31. Heineken has a 1 year low of $34.83 and a 1 year high of $52.92.
Analyst Ratings Changes
Separately, Deutsche Bank Aktiengesellschaft downgraded shares of Heineken from a “buy” rating to a “hold” rating in a report on Wednesday, December 4th.
Heineken Company Profile
Heineken N.V. brews and sells beer and cider in the Americas, Europe, Africa, the Middle East, Eastern Europe, and the Asia Pacific. The company provides soft drinks and water. It offers its beers under the Heineken, Heineken Light, Orchard Thieves, Orchard Thieves Light, Birra Moretti, Coors, Murphy's and Beamish Stouts, Desperados, Tiger, Sol, and Foster's brand, as well as under regional and local brands.
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