Axfood AB (publ) (OTCMKTS:AXFOY – Get Free Report) was the recipient of a significant increase in short interest in the month of October. As of October 30th, there was short interest totaling 8 shares. Based on an average daily trading volume, of 1 shares, the days-to-cover ratio is currently 8.0 days.
Axfood AB (publ) Stock Performance
Shares of OTCMKTS AXFOY remained flat at $28.70 during midday trading on Friday. The business has a 50-day moving average of $25.70 and a two-hundred day moving average of $26.63. Axfood AB has a 52 week low of $24.95 and a 52 week high of $28.70.
Axfood AB (publ) Company Profile
Axfood AB (publ) is a Swedish food retail and wholesale group serving customers across Sweden. Its operations span grocery stores, discount retail, food-service wholesale and the procurement and logistics functions that support its businesses. The group’s retail banners include Willys, Hemköp and City Gross, while Snabbgross serves restaurants and other food-service customers. Through Dagab, Axfood manages purchasing, assortment development, warehousing and distribution. The group also offers a range of private-label products, including brands such as Garant and Eldorado.
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