Short Interest in Associated British Foods plc (OTCMKTS:ASBFY) Declines By 42.9%

Associated British Foods plc (OTCMKTS:ASBFY) saw a significant decline in short interest in April. As of April 15th, there was short interest totalling 1,200 shares, a decline of 42.9% from the March 31st total of 2,100 shares. Based on an average daily volume of 15,900 shares, the days-to-cover ratio is currently 0.1 days.

Associated British Foods Stock Down 1.0 %

ASBFY stock traded down $0.35 during midday trading on Friday, hitting $33.13. The stock had a trading volume of 196,500 shares, compared to its average volume of 20,987. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.83 and a quick ratio of 0.96. The business has a 50-day moving average of $30.27 and a two-hundred day moving average of $29.05. Associated British Foods has a 52-week low of $22.38 and a 52-week high of $34.44.

Associated British Foods Company Profile

Associated British Foods plc operates as a diversified food, ingredients, and retail company worldwide. It operates through five segments: Grocery, Ingredients, Agriculture, Sugar, and Retail. The Grocery segment manufactures and sells grocery products, including hot beverages, sugar and sweeteners, vegetable oils, balsamic vinegars, bread and baked goods, cereals, ethnic foods, and meat products to retail, wholesale, and foodservice businesses.