Short Interest in Koninklijke Ahold Delhaize (OTCMKTS:ADRNY) Drops By 7.6%

Koninklijke Ahold Delhaize (OTCMKTS:ADRNY) was the recipient of a significant drop in short interest in November. As of November 15th, there was short interest totalling 311,200 shares, a drop of 7.6% from the October 31st total of 336,800 shares. Based on an average daily trading volume, of 130,700 shares, the short-interest ratio is currently 2.4 days.

Koninklijke Ahold Delhaize Price Performance

Koninklijke Ahold Delhaize stock opened at €34.36 ($36.17) on Tuesday. The firm has a market cap of $31.95 billion, a P/E ratio of 16.38, a P/E/G ratio of 2.10 and a beta of 0.50. The stock’s 50 day moving average is €33.94 and its 200 day moving average is €32.75. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.85 and a quick ratio of 0.56. Koninklijke Ahold Delhaize has a one year low of €27.51 ($28.96) and a one year high of €35.00 ($36.84).

Analyst Upgrades and Downgrades

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

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.