Short Interest in Koninklijke Ahold Delhaize (OTCMKTS:ADRNY) Drops By 9.6%

Koninklijke Ahold Delhaize (OTCMKTS:ADRNY) saw a large decrease in short interest during the month of December. As of December 31st, there was short interest totalling 268,600 shares, a decrease of 9.6% from the December 15th total of 297,200 shares. Based on an average trading volume of 154,900 shares, the short-interest ratio is presently 1.7 days.

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 note on Monday, September 23rd.

Koninklijke Ahold Delhaize Price Performance

Shares of ADRNY opened at €34.41 ($35.47) on Friday. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.49 and a current ratio of 0.79. The firm has a market cap of $32.00 billion, a PE ratio of 16.31, a PEG ratio of 1.94 and a beta of 0.52. Koninklijke Ahold Delhaize has a twelve month low of €27.51 ($28.36) and a twelve month high of €35.26 ($36.35). The firm’s 50 day moving average price is €33.68 and its 200 day moving average price is €33.31.

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.