Ahold NV (OTCMKTS:ADRNY) Sees Large Decline in Short Interest

Ahold NV (OTCMKTS:ADRNY) was the target of a significant decline in short interest in August. As of August 15th, there was short interest totaling 10,700 shares, a decline of 22.5% from the July 31st total of 13,800 shares. Based on an average daily volume of 81,100 shares, the short-interest ratio is presently 0.1 days. Based on an average daily volume of 81,100 shares, the short-interest ratio is presently 0.1 days.

Analyst Upgrades and Downgrades

ADRNY has been the subject of a number of research analyst reports. Zacks Research cut Ahold from a “strong-buy” rating to a “hold” rating in a research report on Thursday, August 14th. Wall Street Zen raised Ahold from a “buy” rating to a “strong-buy” rating in a report on Thursday, May 22nd. One research analyst has rated the stock with a Strong Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, Ahold currently has a consensus rating of “Moderate Buy”.

Ahold Stock Down 0.9%

ADRNY opened at €40.12 on Thursday. Ahold has a 52 week low of €31.64 and a 52 week high of €42.98. The business has a 50 day moving average price of €40.57 and a two-hundred day moving average price of €39.85. The company has a quick ratio of 0.43, a current ratio of 0.72 and a debt-to-equity ratio of 0.33. The company has a market cap of $36.53 billion, a PE ratio of 18.32, a P/E/G ratio of 1.68 and a beta of 0.49.

Ahold (OTCMKTS:ADRNY) last released its earnings results on Wednesday, August 6th. The company reported €0.74 earnings per share (EPS) for the quarter. Ahold had a return on equity of 15.88% and a net margin of 2.02%. As a group, research analysts anticipate that Ahold will post 2.84 EPS for the current year.

Ahold Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, August 28th. Shareholders of record on Tuesday, August 12th were paid a $0.4157 dividend. This represents a yield of 250.0%. The ex-dividend date of this dividend was Monday, August 11th. Ahold’s payout ratio is currently 42.47%.

About Ahold

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.