Thu Sep 19 06:13:33 UTC 2024: ## Short Interest in Koninklijke Ahold Delhaize Rises Significantly in August
**Amsterdam, Netherlands – September 19, 2024** – Koninklijke Ahold Delhaize (OTCMKTS:AHODF), the multinational retail company, saw a substantial increase in short interest during August, according to data released by MarketBeat News.
The total number of shares shorted rose by 5.8% to 2,152,900 by August 31st, compared to 2,035,100 on August 15th. This significant rise indicates a growing number of investors believe the stock price will decline.
Despite the increase in short interest, AHODF opened at C$34.23 on Thursday, maintaining a 52-week low of C$27.05 and a high of C$34.53. The company’s 50-day moving average price stands at C$32.66, while the 200-day moving average is C$31.08.
The days-to-cover ratio, which measures the time it would take to cover all short positions based on current trading volume, currently stands at 7,176.3 days. This signifies that it would take over 19 years to cover all outstanding short positions, suggesting a potential for volatility in the stock price.
Investors are advised to monitor AHODF closely for potential developments that might impact the stock price.
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