Royal Unibrew A/S (OTCMKTS:ROYUF) Short Interest Up 200.1% in April

Royal Unibrew A/S (OTCMKTS:ROYUF) was the recipient of a significant growth in short interest in April. As of April 30th, there was short interest totaling 15,493 shares, a growth of 200.1% from the April 15th total of 5,162 shares. Based on an average daily trading volume, of 73 shares, the short-interest ratio is presently 212.2 days.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the stock. Deutsche Bank Aktiengesellschaft downgraded shares of Royal Unibrew A/S from a “buy” rating to a “hold” rating in a research report on Tuesday, April 21st. The Goldman Sachs Group downgraded Royal Unibrew A/S from a “buy” rating to a “neutral” rating in a research note on Tuesday, April 21st. Three equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy”.

Royal Unibrew A/S Price Performance

ROYUF remained flat at $65.60 during mid-day trading on Friday. The firm has a fifty day moving average price of $70.63 and a 200-day moving average price of $72.24. Royal Unibrew A/S has a twelve month low of $64.86 and a twelve month high of $67.30.

Royal Unibrew A/S Company Profile

Royal Unibrew A/S is a Denmark-based brewing and beverage group with its origins in the 1989 merger of regional breweries. Over the decades the company has built a diversified product portfolio encompassing beer, malt beverages, soft drinks, cider and water. Key beer brands include Royal, Faxe and Ceres, while its soft drink range features Faxe Kondi alongside a variety of flavored waters and energy drinks.

In beer, Royal Unibrew produces both traditional lagers and specialty craft-style brews.