Associated British Foods plc (OTCMKTS:ASBFY - Get Free Report) saw a large increase in short interest in September. As of September 30th, there was short interest totalling 12,500 shares, an increase of 400.0% from the September 15th total of 2,500 shares. Based on an average trading volume of 22,000 shares, the days-to-cover ratio is currently 0.6 days.
Associated British Foods Trading Up 0.5 %
Associated British Foods stock traded up $0.14 during trading hours on Thursday, hitting $30.69. The company had a trading volume of 7,624 shares, compared to its average volume of 10,207. Associated British Foods has a fifty-two week low of $23.41 and a fifty-two week high of $35.26. The company has a quick ratio of 0.91, a current ratio of 1.79 and a debt-to-equity ratio of 0.29. The firm's fifty day moving average is $31.07 and its 200-day moving average is $31.88.
About Associated British Foods
(
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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.
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