Short Interest in Axfood AB (publ) (OTCMKTS:AXFOF) Declines By 19.7%

Axfood AB (publ) (OTCMKTS:AXFOFGet Rating) saw a large decrease in short interest in the month of April. As of April 30th, there was short interest totalling 332,600 shares, a decrease of 19.7% from the April 15th total of 414,200 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.

Axfood AB (publ) Stock Performance

AXFOF stock opened at $27.61 on Friday. The business’s fifty day moving average price is $27.60 and its two-hundred day moving average price is $26.23. Axfood AB has a fifty-two week low of $22.00 and a fifty-two week high of $30.00.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on AXFOF shares. DNB Markets upgraded shares of Axfood AB (publ) from a “hold” rating to a “buy” rating in a report on Wednesday, March 22nd. Nordea Equity Research downgraded shares of Axfood AB (publ) from a “buy” rating to a “sell” rating in a research report on Thursday, February 2nd.

Axfood AB (publ) Company Profile

(Get Rating)

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.

Read More

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's FREE daily email newsletter.