Empire Company Limited (OTCMKTS:EMLAF – Get Free Report) was the target of a significant decrease in short interest during the month of April. As of April 30th, there was short interest totaling 923,208 shares, a decrease of 46.9% from the April 15th total of 1,739,619 shares. Based on an average daily volume of 843 shares, the days-to-cover ratio is currently 1,095.1 days.
Empire Price Performance
Shares of EMLAF stock remained flat at $33.66 during trading hours on Friday. 2 shares of the stock traded hands, compared to its average volume of 12,733. The stock has a fifty day moving average of $35.22 and a two-hundred day moving average of $35.07. Empire has a twelve month low of $32.56 and a twelve month high of $41.90.
About Empire
Empire Company Limited trades on the OTC Pink under the symbol EMLAF. It is a leading Canadian food retailer and distributor, operating a network of more than 1,500 locations across all provinces. The company’s retail segment includes national and regional banners such as Sobeys, Safeway (Western Canada), FreshCo, IGA (Quebec), Foodland (Atlantic Canada), Thrifty Foods and Price Chopper (Ontario). Through its wholesale division, Empire serves independent grocers and franchises markets under the Empire Wholesale Club and other distribution outlets.
In addition to traditional supermarket operations, Empire has expanded its digital and e-commerce capabilities, offering online grocery ordering and home delivery services to meet shifting consumer preferences.
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