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

Axfood AB (publ) (OTCMKTS:AXFOF) was the recipient of a significant decrease in short interest in May. As of May 15th, there was short interest totalling 662,600 shares, a decrease of 24.1% from the April 30th total of 873,400 shares. Based on an average trading volume of 0 shares, the short-interest ratio is currently ∞ days.

Axfood AB (publ) Stock Performance

OTCMKTS AXFOF opened at $24.27 on Wednesday. Axfood AB has a 12 month low of $24.27 and a 12 month high of $26.83. The company’s fifty day moving average price is $24.27 and its two-hundred day moving average price is $24.27.

Axfood AB (publ) Company Profile

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.