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

Empire Company Limited (OTCMKTS:EMLAF) was the recipient of a large growth in short interest in April. As of April 15th, there was short interest totalling 910,500 shares, a growth of 16.6% from the March 31st total of 780,800 shares. Based on an average daily volume of 100 shares, the short-interest ratio is currently 9,105.0 days.

Empire Price Performance

Shares of EMLAF stock remained flat at $23.72 during trading hours on Tuesday. The stock had a trading volume of 102 shares, compared to its average volume of 9,705. The firm has a 50 day moving average of $24.54 and a two-hundred day moving average of $26.07. Empire has a 52 week low of $23.05 and a 52 week high of $29.18.

About Empire

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.