Empire Company Limited (OTCMKTS:EMLAF) Short Interest Up 36.3% in March

Empire Company Limited (OTCMKTS:EMLAF) saw a significant increase in short interest during the month of March. As of March 15th, there was short interest totalling 1,131,400 shares, an increase of 36.3% from the February 28th total of 830,200 shares. Based on an average daily volume of 9,100 shares, the days-to-cover ratio is presently 124.3 days.

Empire Price Performance

OTCMKTS EMLAF opened at $33.69 on Wednesday. The stock has a 50-day simple moving average of $30.68 and a 200 day simple moving average of $30.17. Empire has a twelve month low of $22.27 and a twelve month high of $34.23.

About Empire

Empire Company Limited, together with its subsidiaries, engages in the food retail and related real estate businesses in Canada. It operates through two segments, Food Retailing, and Investments and Other Operations. The company owns, affiliates, and franchises retail stores under various retail banners, including Sobeys, Safeway, IGA, Foodland, FreshCo, Thrifty Foods, Farm Boy, Longo's, and Lawtons Drugs; and operates grocery e-commerce stores under the banners, such as Voilà, Grocery Gateway, IGA.net, and ThriftyFoods.com.