Empire Company Limited (OTCMKTS:EMLAF) Sees Large Growth in Short Interest

Empire Company Limited (OTCMKTS:EMLAF) saw a significant increase in short interest in November. As of November 15th, there was short interest totalling 1,657,600 shares, an increase of 10.7% from the October 31st total of 1,497,600 shares. Based on an average daily trading volume, of 15,700 shares, the short-interest ratio is currently 105.6 days.

Empire Stock Down 0.6 %

EMLAF traded down $0.19 during trading on Monday, hitting $29.71. 201 shares of the stock traded hands, compared to its average volume of 14,938. Empire has a twelve month low of $22.27 and a twelve month high of $30.47. The business has a 50 day moving average price of $29.57 and a 200 day moving average price of $27.31.

Empire Company Profile

Empire Company Limited, together with its subsidiaries, engages in the food retail and related real estate businesses in Canada. It operates through two segments, Food Retailing, and Investments and Other Operations. The company owns, affiliates, and franchises retail stores under various retail banners, including Sobeys, Safeway, IGA, Foodland, FreshCo, Thrifty Foods, Farm Boy, Longo's, and Lawtons Drugs; and operates grocery e-commerce stores under the banners, such as Voilà, Grocery Gateway, IGA.net, and ThriftyFoods.com.