Empire Company Limited (OTCMKTS:EMLAF) Sees Significant Decline in Short Interest

Empire Company Limited (OTCMKTS:EMLAF) was the recipient of a large decline in short interest in the month of November. As of November 30th, there was short interest totalling 1,332,400 shares, a decline of 19.6% from the November 15th total of 1,657,600 shares. Based on an average daily volume of 22,900 shares, the short-interest ratio is currently 58.2 days.

Empire Trading Down 1.4 %

Shares of OTCMKTS:EMLAF traded down $0.44 during trading on Monday, reaching $31.37. The stock had a trading volume of 393 shares, compared to its average volume of 15,278. Empire has a 52 week low of $22.27 and a 52 week high of $32.67. The firm’s fifty day moving average is $29.70 and its 200 day moving average is $27.74.

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.