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

Associated British Foods plc (OTCMKTS:ASBFY - Get Free Report) saw a significant drop in short interest in September. As of September 15th, there was short interest totalling 2,500 shares, a drop of 51.9% from the August 31st total of 5,200 shares. Based on an average daily trading volume, of 15,500 shares, the short-interest ratio is presently 0.2 days.

Associated British Foods Trading Up 1.4 %

Shares of ASBFY stock traded up $0.41 during midday trading on Thursday, reaching $30.73. 9,988 shares of the company traded hands, compared to its average volume of 10,219. The firm's 50 day simple moving average is $31.44 and its two-hundred day simple moving average is $31.84. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.79 and a quick ratio of 0.91. Associated British Foods has a 1-year low of $23.41 and a 1-year high of $35.26.

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.