Short Interest in Axfood AB (publ) (OTCMKTS:AXFOF) Rises By 19.3%

Axfood AB (publ) (OTCMKTS:AXFOF) saw a large increase in short interest during the month of January. As of January 31st, there was short interest totalling 637,000 shares, an increase 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) Price Performance

Shares of AXFOF stock 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 stock’s 50-day moving average is $24.27 and its two-hundred day moving average is $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.