Axfood AB (publ) (OTCMKTS:AXFOF) Sees Significant Increase in Short Interest

Axfood AB (publ) (OTCMKTS:AXFOF) was the target of a large increase in short interest during the month of October. As of October 15th, there was short interest totalling 677,000 shares, an increase of 14.7% from the September 30th total of 590,400 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ? days.

Axfood AB (publ) Stock Performance

Shares of Axfood AB (publ) stock opened at $24.27 on Thursday. The stock’s 50 day simple moving average is $24.25 and its 200-day simple moving average is $24.39. Axfood AB has a 1-year low of $24.27 and a 1-year high of $26.83.

Axfood AB (publ) Company Profile

Axfood AB (publ) engages in the food retail and wholesale businesses primarily in Sweden. It operates through four segments: Willys, Hemköp, Dagab, and Snabbgross. The company sells groceries through Willys, HANDLAR'N, Hemköp, and Eurocash store chains. It is also involved in the e-commerce business; and provision of private label products.