Short Interest in Associated British Foods plc (OTCMKTS:ASBFY) Grows By 400.0%

Associated British Foods plc (OTCMKTS:ASBFY) saw a significant growth in short interest in September. As of September 30th, there was short interest totalling 12,500 shares, a growth of 400.0% from the September 15th total of 2,500 shares. Based on an average daily volume of 22,000 shares, the short-interest ratio is presently 0.6 days.

Associated British Foods Trading Down 0.6 %

Shares of OTCMKTS ASBFY opened at $30.49 on Friday. The company has a quick ratio of 0.91, a current ratio of 1.79 and a debt-to-equity ratio of 0.29. The firm’s 50-day moving average is $31.04 and its two-hundred day moving average is $31.87. Associated British Foods has a 12-month low of $23.41 and a 12-month high of $35.26.

About Associated British Foods

Associated British Foods plc operates as a diversified food, ingredients, and retail company worldwide. It operates through five segments: Grocery, Ingredients, Agriculture, Sugar, and Retail. The Grocery segment manufactures and sells grocery products, including hot beverages, sugar and sweeteners, vegetable oils, balsamic vinegars, bread and baked goods, cereals, ethnic foods, and meat products to retail, wholesale, and foodservice businesses.