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 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 days-to-cover ratio is currently ∞ days.

Axfood AB (publ) Price Performance

Shares of OTCMKTS AXFOF opened at $24.27 on Friday. Axfood AB has a fifty-two week low of $24.27 and a fifty-two week high of $26.83. The business has a 50-day simple moving average of $24.27 and a two-hundred day simple moving average of $24.26.

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.