Royal Unibrew A/S (OTCMKTS:ROYUF) Short Interest Update

Royal Unibrew A/S (OTCMKTS:ROYUF) was the recipient of a large growth in short interest in May. As of May 29th, there was short interest totaling 87,525 shares, a growth of 346.2% from the May 14th total of 19,617 shares. Based on an average trading volume of 0 shares, the short-interest ratio is currently ∞ days.

Royal Unibrew A/S Stock Performance

Shares of ROYUF remained flat at $64.50 during midday trading on Friday. The stock had a trading volume of 300 shares, compared to its average volume of 260. The firm has a 50 day moving average of $67.32 and a 200 day moving average of $71.07. Royal Unibrew A/S has a 12 month low of $63.25 and a 12 month high of $67.30.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on ROYUF shares. The Goldman Sachs Group lowered Royal Unibrew A/S from a “buy” rating to a “neutral” rating in a report on Tuesday, April 21st. 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. Three investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy”.

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.