Associated British Foods plc (OTCMKTS:ASBFY) Short Interest Up 233.3% in March

Associated British Foods plc (OTCMKTS:ASBFY) was the target of a significant growth in short interest during the month of March. As of March 15th, there was short interest totalling 1,000 shares, a growth of 233.3% from the February 29th total of 300 shares. Based on an average trading volume of 10,600 shares, the days-to-cover ratio is presently 0.1 days.

Associated British Foods Trading Up 0.6 %

ASBFY traded up $0.20 during trading on Wednesday, hitting $31.14. 4,073 shares of the stock traded hands, compared to its average volume of 6,032. The business has a 50 day moving average price of $29.15 and a 200 day moving average price of $28.09. Associated British Foods has a twelve month low of $22.38 and a twelve month high of $31.30. The company has a quick ratio of 0.96, a current ratio of 1.83 and a debt-to-equity ratio of 0.29.

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.