Koninklijke Ahold Delhaize (OTCMKTS:ADRNY) Sees Significant Decline in Short Interest

Koninklijke Ahold Delhaize (OTCMKTS:ADRNY) was the recipient of a large decrease in short interest during the month of December. As of December 15th, there was short interest totalling 297,200 shares, a decrease of 7.4% from the November 30th total of 320,900 shares. Based on an average daily trading volume, of 123,300 shares, the short-interest ratio is presently 2.4 days.

Analysts Set New Price Targets

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

Koninklijke Ahold Delhaize Price Performance

Shares of OTCMKTS:ADRNY opened at €32.75 ($34.11) on Monday. The firm has a market capitalization of $30.46 billion, a PE ratio of 15.52, a P/E/G ratio of 2.07 and a beta of 0.50. The company has a quick ratio of 0.56, a current ratio of 0.79 and a debt-to-equity ratio of 0.35. The company has a 50-day moving average price of €33.74 and a two-hundred day moving average price of €33.06. Koninklijke Ahold Delhaize has a twelve month low of €27.51 ($28.66) and a twelve month high of €35.26 ($36.73).

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.