Axfood AB (publ) (OTCMKTS:AXFOF) Short Interest Up 19.3% in January

Axfood AB (publ) (OTCMKTS:AXFOF) was the target of a significant increase in short interest in January. As of January 31st, there was short interest totalling 637,000 shares, an increase of 19.3% from the January 15th total of 533,900 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Axfood AB (publ) Stock Performance

AXFOF stock opened at $24.27 on Monday. The firm’s 50-day moving average is $24.27 and its two-hundred day moving average is $24.26. 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.