Axfood AB (publ) (OTCMKTS:AXFOF) Short Interest Down 8.2% in October

Axfood AB (publ) (OTCMKTS:AXFOF) saw a significant drop in short interest in the month of October. As of October 31st, there was short interest totalling 621,300 shares, a drop of 8.2% from the October 15th total of 677,000 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is presently 6,213.0 days.

Axfood AB (publ) Stock Performance

Axfood AB (publ) stock opened at $23.87 on Tuesday. Axfood AB has a twelve month low of $24.27 and a twelve month high of $26.83. The business has a fifty day moving average of $24.25 and a two-hundred day moving average of $24.26.

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.