Heineken (OTCMKTS:HEINY) Sees Large Drop in Short Interest

Heineken (OTCMKTS:HEINY) was the recipient of a significant decrease in short interest in the month of June. As of June 30th, there was short interest totalling 600 shares, a decrease of 97.2% from the June 15th total of 21,700 shares. Based on an average daily volume of 202,400 shares, the days-to-cover ratio is currently 0.0 days.

Heineken Stock Up 0.2 %

OTCMKTS:HEINY traded up $0.10 during midday trading on Friday, hitting $48.63. The company had a trading volume of 81,467 shares, compared to its average volume of 78,353. The stock’s fifty day moving average price is $50.02 and its 200-day moving average price is $49.11. Heineken has a 52-week low of $42.92 and a 52-week high of $55.15. The company has a quick ratio of 0.52, a current ratio of 0.77 and a debt-to-equity ratio of 0.62.

About Heineken

Heineken N.V. brews and sells beer and cider in the Americas, Europe, Africa, the Middle East, Eastern Europe, and the Asia Pacific. The company provides soft drinks and water. It offers its beers under the Heineken, Heineken Light, Orchard Thieves, Orchard Thieves Light, Birra Moretti, Coors, Murphy's and Beamish Stouts, Desperados, Tiger, Sol, and Foster's brand, as well as under regional and local brands.