Ahold NV (OTCMKTS:ADRNY) Short Interest Up 896.5% in February

Ahold NV (OTCMKTS:ADRNY) saw a significant growth in short interest in the month of February. As of February 27th, there was short interest totaling 51,070 shares, a growth of 896.5% from the February 12th total of 5,125 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 377,809 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily volume of 377,809 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the shares of the company are sold short.

Ahold Stock Performance

ADRNY stock opened at €47.76 on Wednesday. The company has a market capitalization of $42.62 billion, a PE ratio of 16.88, a price-to-earnings-growth ratio of 2.69 and a beta of 0.47. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.42 and a current ratio of 0.71. Ahold has a 52 week low of €32.25 and a 52 week high of €49.82. The company’s 50-day simple moving average is €42.91 and its 200 day simple moving average is €41.60.

Ahold (OTCMKTS:ADRNY) last announced its quarterly earnings results on Wednesday, February 11th. The company reported €0.85 earnings per share (EPS) for the quarter, topping the consensus estimate of €0.78 by €0.07. Ahold had a return on equity of 16.91% and a net margin of 2.45%.The business had revenue of €27.35 billion during the quarter, compared to the consensus estimate of €27.51 billion. As a group, sell-side analysts anticipate that Ahold will post 2.84 earnings per share for the current year.

Analyst Ratings Changes

Separately, Zacks Research raised shares of Ahold from a “hold” rating to a “strong-buy” rating in a report on Monday, February 16th. Four analysts have rated the stock with a Strong Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, Ahold has an average rating of “Strong Buy”.

Ahold Company Profile

Ahold Delhaize (often shortened to Ahold) is an international retail grocery group that operates supermarkets, online grocery platforms and related food retail services. The company’s operations span both brick-and-mortar stores and digital channels, offering a mix of fresh foods, packaged groceries, household goods and private-label products. Its business model combines local store networks with centralized purchasing, distribution and supply-chain capabilities to serve everyday consumer needs.

The firm was formed through the 2016 merger of Koninklijke Ahold and Delhaize Group, creating a combined network of banners and ecommerce platforms across multiple geographies.