Short Interest in Axfood AB (publ) (OTCMKTS:AXFOF) Declines By 8.2%

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

Axfood AB (publ) Stock Performance

Shares of OTCMKTS AXFOF opened at $24.27 on Monday. The business’s 50-day moving average price is $24.25 and its two-hundred day moving average price is $24.26. Axfood AB has a one year low of $24.27 and a one year 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.