Heineken (OTCMKTS:HEINY) Short Interest Update

Heineken (OTCMKTS:HEINY) saw a significant decline in short interest during the month of December. As of December 15th, there was short interest totalling 7,100 shares, a decline 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 currently 0.0 days.

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft downgraded shares of Heineken from a “buy” rating to a “hold” rating in a research note on Wednesday, December 4th.

Heineken Trading Up 0.3 %

Shares of OTCMKTS:HEINY traded up $0.10 on Thursday, hitting $35.69. 298,551 shares of the company’s stock were exchanged, compared to its average volume of 133,278. Heineken has a 1-year low of $34.83 and a 1-year high of $52.92. The firm’s 50-day moving average is $38.22 and its 200 day moving average is $43.31.

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.