Axfood AB (publ) (OTCMKTS:AXFOF – Get Rating) was the recipient of a large growth in short interest in the month of March. As of March 31st, there was short interest totalling 290,500 shares, a growth of 61.3% from the March 15th total of 180,100 shares. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days.
Separately, Nordea Equity Research raised shares of Axfood AB (publ) from a “hold” rating to a “buy” rating in a research note on Wednesday, March 23rd.
Shares of OTCMKTS:AXFOF opened at $27.42 on Friday. The company has a 50 day moving average of $26.57 and a 200-day moving average of $25.63. Axfood AB has a twelve month low of $25.00 and a twelve month high of $27.42.
Axfood AB engages in retail and wholesale of food through store chains. It operates through the following operating segments: Willys, Hemköp, Snabbgross, and Dagab. The Willys segment is Sweden’s discount grocery chain with a wide and deep assortment in Group-owned stores and online. The Hemköp segment offers through its Group-owned stores, franchise stores and online business an attractively priced and wide assortment with a rich offering of fresh products.
- Get a free copy of the StockNews.com research report on Axfood AB (publ) (AXFOF)
- MarketBeat: Week in Review 4/11 – 4/15
- Three Beaten Down Mega Caps The Analysts Are Upgrading
- Top 3 Safe Stocks for Conservative Investors
- Array Technologies Stock Giving Another Ground Floor Entry
- UiPath Stock is Nearing Rock Bottom Down Here
Receive News & Ratings for Axfood AB (publ) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Axfood AB (publ) and related companies with MarketBeat.com's FREE daily email newsletter.