Ahold NV (OTCMKTS:ADRNY) Sees Significant Increase in Short Interest

Ahold NV (OTCMKTS:ADRNY) saw a large increase in short interest in the month of January. As of January 15th, there was short interest totaling 40,219 shares, an increase of 147.4% from the December 31st total of 16,254 shares. Based on an average daily volume of 116,954 shares, the short-interest ratio is presently 0.3 days. Approximately 0.0% of the company’s shares are sold short. Approximately 0.0% of the company’s shares are sold short. Based on an average daily volume of 116,954 shares, the short-interest ratio is presently 0.3 days.

Ahold Trading Down 0.8%

Shares of Ahold stock opened at €38.62 on Thursday. Ahold has a fifty-two week low of €32.25 and a fifty-two week high of €43.26. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.42 and a current ratio of 0.70. The company has a market capitalization of $34.46 billion, a P/E ratio of 15.39, a P/E/G ratio of 2.22 and a beta of 0.49. The company has a fifty day moving average of €40.25 and a 200 day moving average of €40.60.

Ahold (OTCMKTS:ADRNY) last posted its earnings results on Wednesday, November 5th. The company reported €0.78 earnings per share for the quarter. Ahold had a net margin of 2.25% and a return on equity of 16.23%. On average, sell-side analysts anticipate that Ahold will post 2.84 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several analysts have weighed in on the company. UBS Group raised Ahold from a “strong sell” rating to a “hold” rating in a research report on Thursday, October 16th. Kepler Capital Markets raised shares of Ahold from a “hold” rating to a “strong-buy” rating in a research note on Thursday, November 6th. Finally, Zacks Research lowered shares of Ahold from a “hold” rating to a “strong sell” rating in a report on Thursday, January 1st. Three investment analysts have rated the stock with a Strong Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Buy”.

About Ahold

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.