Axfood AB (publ) (OTCMKTS:AXFOF) Short Interest Down 24.1% in May

Axfood AB (publ) (OTCMKTS:AXFOF) saw a significant drop in short interest in the month of May. As of May 15th, there was short interest totalling 662,600 shares, a drop of 24.1% from the April 30th total of 873,400 shares. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days.

Axfood AB (publ) Price Performance

OTCMKTS AXFOF opened at $24.27 on Wednesday. The company’s fifty day simple moving average is $24.27 and its 200-day simple moving average is $24.27. Axfood AB has a 52 week low of $24.27 and a 52 week 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.