Short Interest in Axfood AB (publ) (OTCMKTS:AXFOY) Declines By 92.0%

Axfood AB (publ) (OTCMKTS:AXFOY) was the recipient of a large decrease in short interest in the month of August. As of August 31st, there was short interest totaling 2 shares, a decrease of 92.0% from the August 15th total of 25 shares. Based on an average daily trading volume, of 2 shares, the days-to-cover ratio is presently 1.0 days.

Axfood AB (publ) Price Performance

Shares of AXFOY remained flat at $24.95 during midday trading on Thursday. The stock had a trading volume of 1 shares. Axfood AB has a 52 week low of $24.95 and a 52 week high of $25.50. The business has a 50-day simple moving average of $26.16 and a 200 day simple moving average of $26.86.

Axfood AB (publ) Company Profile

Axfood AB (publ) is a Swedish food retail and wholesale company operating a diversified portfolio of grocery banners and distribution services. Its primary retail chains include Willys, a leading discount supermarket network, and Hemköp, which offers a broader assortment of branded and private-label products. Through these banners, Axfood focuses on delivering competitive pricing, high product quality and sustainable sourcing across its store network.

Beyond retailing, Axfood conducts large-scale wholesale operations under its Dagab subsidiary, supplying both its own chains and independent retailers throughout Sweden.