Associated British Foods plc (OTCMKTS:ASBFY – Get Free Report) was the target of a large growth in short interest during the month of July. As of July 15th, there was short interest totalling 18,600 shares, a growth of 141.6% from the June 30th total of 7,700 shares. Based on an average trading volume of 18,600 shares, the days-to-cover ratio is currently 1.0 days.
Associated British Foods Stock Performance
OTCMKTS:ASBFY opened at $32.69 on Friday. Associated British Foods has a 12-month low of $23.41 and a 12-month high of $35.26. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.91 and a current ratio of 1.79. The business has a 50 day simple moving average of $32.43 and a 200 day simple moving average of $31.13.
Associated British Foods Cuts Dividend
The business also recently disclosed a dividend, which was paid on Friday, July 19th. Investors of record on Friday, May 31st were given a dividend of $0.2077 per share. The ex-dividend date was Friday, May 31st.
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.
Further Reading
- Five stocks we like better than Associated British Foods
- Why is the Ex-Dividend Date Significant to Investors?
- Why Call Options Volume for These 2 Stocks Spiked Together
- Market Cap Calculator: How to Calculate Market Cap
- MarketBeat Week in Review – 7/22 – 7/26
- The Top 3 Healthcare Dividend Stocks to Buy and Hold
- 3M Surprises and Rebound Accelerates: It Isn’t Too Late To Get In
Receive News & Ratings for Associated British Foods Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Associated British Foods and related companies with MarketBeat.com's FREE daily email newsletter.