Axfood AB (publ) (OTCMKTS:AXFOF) Sees Large Decline in Short Interest

Axfood AB (publ) (OTCMKTS:AXFOFGet Rating) was the recipient of a large decrease in short interest in the month of August. As of August 31st, there was short interest totalling 361,100 shares, a decrease of 15.3% from the August 15th total of 426,400 shares. Based on an average daily volume of 1,700 shares, the short-interest ratio is currently 212.4 days.

Axfood AB (publ) Price Performance

Shares of Axfood AB (publ) stock opened at $30.00 on Monday. The company has a fifty day moving average price of $28.04 and a 200 day moving average price of $27.60. Axfood AB has a twelve month low of $30.00 and a twelve month high of $30.00.

About Axfood AB (publ)

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Axfood AB (publ) engages in the food retail and wholesale businesses in Sweden. It operates through Willys, Hemköp, Dagab, and Axfood Snabbgross segments. The company operates its retail business through Willys, Hemköp, and Eurocash chains; and the online store, Mat.se. It is also involved in the e-commerce business; and provision of private label products.

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