Associated British Foods plc (OTCMKTS:ASBFY) Short Interest Update

Associated British Foods plc (OTCMKTS:ASBFY) saw a large increase in short interest in the month of June. As of June 15th, there was short interest totalling 13,100 shares, an increase of 138.2% from the May 31st total of 5,500 shares. Based on an average trading volume of 14,700 shares, the short-interest ratio is presently 0.9 days.

Associated British Foods Stock Down 0.1 %

ASBFY traded down $0.02 during trading on Friday, reaching $30.79. The stock had a trading volume of 6,460 shares, compared to its average volume of 8,009. Associated British Foods has a 1-year low of $23.41 and a 1-year high of $35.26. The stock has a 50 day moving average of $33.06 and a two-hundred day moving average of $30.87. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.96 and a current ratio of 1.83.

Associated British Foods Cuts Dividend

The company also recently announced a dividend, which will be paid on Friday, July 19th. Investors of record on Friday, May 31st will be paid a dividend of $0.2077 per share. The ex-dividend date of this dividend is Friday, May 31st.

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.