Short Interest in Koninklijke Ahold Delhaize (OTCMKTS:ADRNY) Increases By 15.0%

Koninklijke Ahold Delhaize (OTCMKTS:ADRNY) saw a significant growth in short interest in the month of October. As of October 31st, there was short interest totalling 336,800 shares, a growth of 15.0% from the October 15th total of 292,900 shares. Based on an average daily volume of 212,200 shares, the short-interest ratio is presently 1.6 days.

Koninklijke Ahold Delhaize Price Performance

Shares of OTCMKTS:ADRNY opened at €33.85 ($35.63) on Friday. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.85 and a quick ratio of 0.56. Koninklijke Ahold Delhaize has a 12 month low of €27.51 ($28.96) and a 12 month high of €35.00 ($36.84). The stock’s 50 day moving average price is €33.90 and its 200 day moving average price is €32.51. The stock has a market cap of $31.48 billion, a price-to-earnings ratio of 16.04, a PEG ratio of 2.06 and a beta of 0.50.

Analysts Set New Price Targets

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