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

Axfood AB (publ) (OTCMKTS:AXFOF) was the recipient of a large growth in short interest in the month of January. As of January 31st, there was short interest totalling 637,000 shares, a growth of 19.3% from the January 15th total of 533,900 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.

Axfood AB (publ) Stock Performance

OTCMKTS AXFOF opened at $24.27 on Friday. The firm’s 50 day moving average price is $24.27 and its 200-day moving average price is $24.26. Axfood AB has a 52-week low of $24.27 and a 52-week high of $26.83.

About Axfood AB (publ)

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.