Associated British Foods plc (OTCMKTS:ASBFY – Get Free Report) saw a large drop in short interest in the month of 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 volume of 15,500 shares, the days-to-cover ratio is presently 0.2 days.
Associated British Foods Price Performance
OTCMKTS:ASBFY traded up $0.19 during mid-day trading on Friday, hitting $30.92. 7,285 shares of the company traded hands, compared to its average volume of 10,203. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.91 and a current ratio of 1.79. The stock’s fifty day moving average price is $31.36 and its 200-day moving average price is $31.84. Associated British Foods has a one year low of $23.41 and a one year high of $35.26.
About Associated British Foods
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