Axfood AB (publ) (OTCMKTS:AXFOF) Short Interest Update

Axfood AB (publ) (OTCMKTS:AXFOF) was the recipient of a significant increase in short interest during the month of February. As of February 28th, there was short interest totalling 774,200 shares, an increase of 17.3% from the February 13th total of 659,900 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days.

Axfood AB (publ) Price Performance

Shares of OTCMKTS AXFOF opened at $24.27 on Thursday. The business’s 50 day moving average price is $24.27 and its two-hundred day moving average price is $24.26. Axfood AB has a twelve month low of $24.27 and a twelve month high of $26.83.

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.