Empire Company Limited (OTCMKTS:EMLAF) Short Interest Down 23.0% in January

Empire Company Limited (OTCMKTS:EMLAF) was the recipient of a large decline in short interest during the month of January. As of January 15th, there was short interest totalling 695,200 shares, a decline of 23.0% from the December 31st total of 902,400 shares. Based on an average daily trading volume, of 19,600 shares, the days-to-cover ratio is currently 35.5 days.

Empire Stock Performance

Shares of EMLAF stock opened at $30.00 on Thursday. Empire has a fifty-two week low of $22.27 and a fifty-two week high of $32.67. The stock’s 50-day simple moving average is $30.28 and its 200-day simple moving average is $29.02.

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.