Ahold NV (OTCMKTS:ADRNY) Short Interest Up 40.0% in February

Ahold NV (OTCMKTS:ADRNY) was the recipient of a significant increase in short interest in the month of February. As of February 13th, there was short interest totaling 5,125 shares, an increase of 40.0% from the January 29th total of 3,661 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 150,639 shares, the days-to-cover ratio is currently 0.0 days. Based on an average trading volume of 150,639 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the company are sold short.

Ahold Trading Up 1.8%

Shares of OTCMKTS:ADRNY opened at €49.29 on Monday. The company has a current ratio of 0.70, a quick ratio of 0.42 and a debt-to-equity ratio of 0.33. Ahold has a twelve month low of €32.25 and a twelve month high of €49.82. The company has a 50 day moving average of €41.92 and a 200-day moving average of €41.25. The firm has a market cap of $43.99 billion, a P/E ratio of 17.42, a P/E/G ratio of 2.76 and a beta of 0.46.

Ahold (OTCMKTS:ADRNY) last posted its earnings results on Wednesday, February 11th. The company reported €0.85 earnings per share for the quarter, topping the consensus estimate of €0.78 by €0.07. Ahold had a return on equity of 16.89% and a net margin of 2.45%.The firm had revenue of €27.35 billion for the quarter, compared to analyst estimates of €27.51 billion. As a group, analysts anticipate that Ahold will post 2.84 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on ADRNY shares. Zacks Research upgraded Ahold from a “hold” rating to a “strong-buy” rating in a research report on Monday, February 16th. Kepler Capital Markets raised Ahold from a “hold” rating to a “strong-buy” rating in a research report on Thursday, November 6th. Four equities research analysts have rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Strong Buy”.

Ahold Company Profile

Ahold Delhaize (often shortened to Ahold) is an international retail grocery group that operates supermarkets, online grocery platforms and related food retail services. The company’s operations span both brick-and-mortar stores and digital channels, offering a mix of fresh foods, packaged groceries, household goods and private-label products. Its business model combines local store networks with centralized purchasing, distribution and supply-chain capabilities to serve everyday consumer needs.

The firm was formed through the 2016 merger of Koninklijke Ahold and Delhaize Group, creating a combined network of banners and ecommerce platforms across multiple geographies.