Ahold NV (OTCMKTS:ADRNY) Stock Short Interest Climbs 441.0%

Ahold NV (OTCMKTS:ADRNY) was the target of a significant increase in short interest during the month of September. As of September 15th, there was short interest totaling 85,274 shares, an increase of 441.0% from the August 31st total of 15,763 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 351,410 shares, the short-interest ratio is currently 0.2 days.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on the company. The Goldman Sachs Group lowered Ahold from a “strong-buy” rating to a “neutral” rating in a report on Monday, June 1st. Royal Bank Of Canada upgraded shares of Ahold to a “hold” rating in a research note on Monday, July 6th. One analyst has rated the stock with a Strong Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold”.

Ahold Price Performance

Shares of ADRNY opened at €35.90 on Friday. The firm has a market cap of $31.61 billion, a P/E ratio of 12.17, a PEG ratio of 1.78 and a beta of 0.41. Ahold has a 12 month low of €32.25 and a 12 month high of €50.02. The stock’s 50 day moving average is €37.48 and its two-hundred day moving average is €41.90. The company has a current ratio of 0.71, a quick ratio of 0.41 and a debt-to-equity ratio of 0.34.

Ahold (OTCMKTS:ADRNY) last announced its earnings results on Wednesday, August 5th. The company reported €0.74 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of €0.72 by €0.02. Ahold had a return on equity of 16.64% and a net margin of 2.45%. Analysts predict that Ahold will post 3.15 earnings per share for the current fiscal year.

About Ahold

Ahold, now known as Koninklijke Ahold Delhaize N.V., is an international food retail and consumer services company formed through the 2016 merger of Dutch retailer Ahold and Belgian retailer Delhaize Group. Its operations focus primarily on supermarkets, convenience stores, online grocery platforms and complementary consumer businesses.

The company serves customers in the United States and Europe through a portfolio of local brands. Its businesses have included Albert Heijn and bol in the Netherlands; Delhaize in Belgium and Luxembourg; and Food Lion, Hannaford, Giant Food and other grocery brands in the United States.