Associated British Foods PLC (OTCMKTS:ASBFY) Short Interest Down 38.2% in August

Associated British Foods PLC (OTCMKTS:ASBFY) was the recipient of a significant decrease in short interest during the month of August. As of August 14th, there was short interest totaling 8,370 shares, a decrease of 38.2% from the July 30th total of 13,533 shares. Based on an average daily volume of 77,414 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are short sold.

Associated British Foods Stock Down 0.5%

OTCMKTS:ASBFY opened at $27.77 on Tuesday. The company has a quick ratio of 0.69, a current ratio of 1.51 and a debt-to-equity ratio of 0.26. Associated British Foods has a twelve month low of $23.36 and a twelve month high of $31.11. The stock’s 50-day simple moving average is $27.25 and its 200 day simple moving average is $25.96.

About Associated British Foods

Associated British Foods plc (OTCMKTS:ASBFY) is a diversified international food, ingredients and retail group headquartered in the United Kingdom. Founded in 1935, the company operates through multiple divisions that span grocery brands, sugar production and refining, ingredient and bakery systems, agriculture and a large value-fashion retail business. Its portfolio combines branded consumer goods with industrial food and agricultural operations, giving it exposure across the consumer staples and retail sectors.

On the grocery and branded side, the group owns and markets a range of food and beverage products, including well-known tea and grocery lines, while its ingredients businesses supply yeast, bakery ingredients and other inputs to commercial bakers and food manufacturers.