Axfood AB (publ) (OTCMKTS:AXFOY) Sees Large Growth in Short Interest

Axfood AB (publ) (OTCMKTS:AXFOY) was the recipient of a large growth in short interest in the month of August. As of August 14th, there was short interest totaling 25 shares, a growth of ∞ from the July 30th total of 0 shares. Based on an average daily trading volume, of 36 shares, the short-interest ratio is presently 0.7 days.

Axfood AB (publ) Stock Performance

Shares of AXFOY stock remained flat at $24.95 during trading on Friday. The company had a trading volume of 1 shares. Axfood AB has a fifty-two week low of $24.95 and a fifty-two week high of $25.50. The stock’s 50 day simple moving average is $26.53 and its 200-day simple moving average is $26.99.

About Axfood AB (publ)

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.