Short Interest in Koninklijke Ahold Delhaize (OTCMKTS:ADRNY) Increases By 15.0%

Koninklijke Ahold Delhaize (OTCMKTS:ADRNY) was the target of a large increase in short interest in October. As of October 31st, there was short interest totalling 336,800 shares, an increase of 15.0% from the October 15th total of 292,900 shares. Based on an average daily volume of 212,200 shares, the short-interest ratio is presently 1.6 days.

Analysts Set New Price Targets

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

Koninklijke Ahold Delhaize Stock Performance

ADRNY opened at €33.85 ($35.63) on Friday. The company has a market cap of $31.48 billion, a price-to-earnings ratio of 12.14, a PEG ratio of 2.06 and a beta of 0.50. The firm’s fifty day simple moving average is €33.91 and its two-hundred day simple moving average is €32.47. The company has a quick ratio of 0.56, a current ratio of 0.85 and a debt-to-equity ratio of 0.38. Koninklijke Ahold Delhaize has a 52-week low of €27.51 ($28.96) and a 52-week high of €35.00 ($36.84).

Koninklijke Ahold Delhaize Company Profile

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.