Associated British Foods plc (OTCMKTS:ASBFY) Short Interest Update

Associated British Foods plc (OTCMKTS:ASBFY) saw a significant growth in short interest in September. As of September 30th, there was short interest totalling 12,500 shares, a growth of 400.0% from the September 15th total of 2,500 shares. Based on an average daily volume of 22,000 shares, the days-to-cover ratio is currently 0.6 days.

Associated British Foods Price Performance

Shares of OTCMKTS ASBFY opened at $30.69 on Friday. Associated British Foods has a 1 year low of $23.41 and a 1 year high of $35.26. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.79 and a quick ratio of 0.91. The firm has a 50-day moving average of $31.07 and a 200 day moving average of $31.88.

About Associated British Foods

Associated British Foods plc operates as a diversified food, ingredients, and retail company worldwide. It operates through five segments: Grocery, Ingredients, Agriculture, Sugar, and Retail. The Grocery segment manufactures and sells grocery products, including hot beverages, sugar and sweeteners, vegetable oils, balsamic vinegars, bread and baked goods, cereals, ethnic foods, and meat products to retail, wholesale, and foodservice businesses.