Empire Company Limited (OTCMKTS:EMLAF) Short Interest Up 7.2% in October

Empire Company Limited (OTCMKTS:EMLAF) saw a significant increase in short interest in October. As of October 15th, there was short interest totalling 1,689,700 shares, an increase of 7.2% from the September 30th total of 1,575,600 shares. Based on an average daily volume of 10,100 shares, the days-to-cover ratio is presently 167.3 days.

Empire Trading Down 0.5 %

EMLAF opened at $29.23 on Friday. The business’s fifty day moving average is $29.26 and its two-hundred day moving average is $26.44. Empire has a one year low of $22.27 and a one year high of $30.47.

About Empire

Empire Company Limited, together with its subsidiaries, engages in the food retail and related real estate businesses in Canada. It operates through two segments, Food Retailing, and Investments and Other Operations. The company owns, affiliates, and franchises retail stores under various retail banners, including Sobeys, Safeway, IGA, Foodland, FreshCo, Thrifty Foods, Farm Boy, Longo's, and Lawtons Drugs; and operates grocery e-commerce stores under the banners, such as Voilà, Grocery Gateway, IGA.net, and ThriftyFoods.com.