Short Interest in Associated British Foods plc (OTCMKTS:ASBFY) Decreases By 44.9%

Associated British Foods plc (OTCMKTS:ASBFY - Get Free Report) saw a large drop in short interest during the month of December. As of December 31st, there was short interest totalling 43,800 shares, a drop of 44.9% from the December 15th total of 79,500 shares. Based on an average trading volume of 40,500 shares, the short-interest ratio is currently 1.1 days.

Associated British Foods Trading Up 1.3 %

Shares of Associated British Foods stock traded up $0.31 on Tuesday, reaching $23.91. 33,377 shares of the stock were exchanged, compared to its average volume of 27,282. The business has a 50 day moving average price of $27.23 and a two-hundred day moving average price of $29.75. Associated British Foods has a twelve month low of $23.60 and a twelve month high of $35.26. The company has a current ratio of 1.78, a quick ratio of 0.91 and a debt-to-equity ratio of 0.29.

Associated British Foods Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Monday, January 27th. Stockholders of record on Friday, December 13th will be paid a $0.9028 dividend. The ex-dividend date is Friday, December 13th. This is a positive change from Associated British Foods's previous dividend of $0.21.

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.