Maple Leaf Foods Inc. (OTCMKTS:MLFNF – Get Free Report) saw a significant drop in short interest during the month of March. As of March 13th, there was short interest totaling 241,359 shares, a drop of 32.7% from the February 26th total of 358,613 shares. Based on an average trading volume of 12,471 shares, the days-to-cover ratio is currently 19.4 days.
Maple Leaf Foods Trading Down 0.9%
Shares of Maple Leaf Foods stock opened at $21.37 on Friday. Maple Leaf Foods has a 12 month low of $16.00 and a 12 month high of $26.13. The business’s fifty day simple moving average is $20.14 and its 200 day simple moving average is $19.97.
About Maple Leaf Foods
Maple Leaf Foods, trading as OTCMKTS:MLFNF, is a leading Canadian consumer packaged meats company headquartered in Mississauga, Ontario. The company’s operations encompass the processing, packaging and distribution of fresh and value-added meats, including pork and poultry products. Maple Leaf Foods serves a broad customer base through retail grocery channels, foodservice operators and international export markets.
The company’s portfolio features a range of branded offerings such as Maple Leaf® and Schneiders® for traditional meat products, alongside plant-based protein lines acquired through its Lightlife Foods and Field Roast Grain Meat Co subsidiaries.
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