Short Interest in Koninklijke Ahold Delhaize (OTCMKTS:ADRNY) Decreases By 68.8%

Koninklijke Ahold Delhaize (OTCMKTS:ADRNY) was the recipient of a significant decline in short interest in September. As of September 30th, there was short interest totalling 4,400 shares, a decline of 68.8% from the September 15th total of 14,100 shares. Based on an average trading volume of 97,000 shares, the days-to-cover ratio is currently 0.0 days.

Koninklijke Ahold Delhaize Trading Down 0.3 %

OTCMKTS:ADRNY opened at €34.01 ($37.37) on Friday. The firm’s 50 day moving average is €33.79 and its 200 day moving average is €31.75. Koninklijke Ahold Delhaize has a 12 month low of €27.51 ($30.23) and a 12 month high of €34.94 ($38.39). The stock has a market capitalization of $31.90 billion, a PE ratio of 16.48, a price-to-earnings-growth ratio of 2.02 and a beta of 0.49. The company has a current ratio of 0.85, a quick ratio of 0.56 and a debt-to-equity ratio of 0.38.

Koninklijke Ahold Delhaize (OTCMKTS:ADRNY) last issued its quarterly earnings results on Wednesday, August 7th. The company reported €0.70 ($0.77) EPS for the quarter. Koninklijke Ahold Delhaize had a return on equity of 15.98% and a net margin of 2.09%. The firm had revenue of €24.06 billion for the quarter. Sell-side analysts expect that Koninklijke Ahold Delhaize will post 2.75 earnings per share for the current year.

Koninklijke Ahold Delhaize Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, August 29th. Stockholders of record on Monday, August 12th were paid a $0.4245 dividend. The ex-dividend date of this dividend was Monday, August 12th. Koninklijke Ahold Delhaize’s payout ratio is 41.55%.

Analyst Upgrades and Downgrades

Separately, Hsbc Global Res raised shares of Koninklijke Ahold Delhaize from a “moderate sell” rating to a “hold” rating in a research 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.