Maple Leaf Foods Inc. (OTCMKTS:MLFNF) Sees Large Increase in Short Interest

Maple Leaf Foods Inc. (OTCMKTS:MLFNFGet Free Report) was the target of a large growth in short interest during the month of August. As of August 31st, there was short interest totalling 1,031,700 shares, a growth of 20.3% from the August 15th total of 857,800 shares. Based on an average daily trading volume, of 12,400 shares, the days-to-cover ratio is presently 83.2 days.

Maple Leaf Foods Trading Up 1.1 %

Shares of OTCMKTS MLFNF traded up $0.18 during mid-day trading on Tuesday, reaching $16.28. The company had a trading volume of 831 shares, compared to its average volume of 11,958. Maple Leaf Foods has a 52-week low of $15.65 and a 52-week high of $20.74. The firm has a 50 day simple moving average of $17.25 and a two-hundred day simple moving average of $17.08.

About Maple Leaf Foods

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Maple Leaf Foods Inc produces food products in the United States, Canada, Japan, China, and internationally. The company operates through Meat Protein Group and Plant Protein Group segments. It produces various food products, including prepared meats, ready-to-cook and ready-to-serve meals, fresh pork and poultry, and plant protein products; bacon, hams, wieners, and meat snacks; a variety of delicatessen products; and processed chicken products, such as fully cooked chicken breasts and wings, processed turkey products, specialty sausages, cooked meats, sliced meats, cooked sausage products, lunch kits, and canned meats.

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