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

Associated British Foods plc (OTCMKTS:ASBFY) saw a large decline in short interest during the month of 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 short-interest ratio is presently 0.1 days.

Associated British Foods Price Performance

Shares of ASBFY stock traded down $0.35 on Friday, reaching $33.13. The stock had a trading volume of 196,500 shares, compared to its average volume of 20,987. The firm’s 50-day moving average is $30.27 and its two-hundred day moving average is $29.05. The company has a quick ratio of 0.96, a current ratio of 1.83 and a debt-to-equity ratio of 0.29. Associated British Foods has a 12 month low of $22.38 and a 12 month high of $34.44.

About Associated British Foods

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.