Maple Leaf Foods Inc. (OTCMKTS:MLFNF – Get Free Report) was the recipient of a large growth in short interest during the month of March. As of March 31st, there was short interest totaling 624,105 shares, a growth of 158.6% from the March 15th total of 241,359 shares. Based on an average trading volume of 34,941 shares, the days-to-cover ratio is presently 17.9 days.
Maple Leaf Foods Price Performance
MLFNF opened at $22.40 on Friday. The company’s 50 day moving average price is $20.72 and its two-hundred day moving average price is $19.70. Maple Leaf Foods has a fifty-two week low of $16.68 and a fifty-two week high of $26.13.
About Maple Leaf Foods
Maple Leaf Foods, trading as OTCMKTS:MLFNF, is a leading Canadian consumer packaged meats company headquartered in Mississauga, Ontario. The company’s operations encompass the processing, packaging and distribution of fresh and value-added meats, including pork and poultry products. Maple Leaf Foods serves a broad customer base through retail grocery channels, foodservice operators and international export markets.
The company’s portfolio features a range of branded offerings such as Maple Leaf® and Schneiders® for traditional meat products, alongside plant-based protein lines acquired through its Lightlife Foods and Field Roast Grain Meat Co subsidiaries.
Further Reading
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