Short Interest in Empire Company Limited (OTCMKTS:EMLAF) Increases By 10.7%

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

Empire Stock Performance

Shares of OTCMKTS:EMLAF traded down $0.19 during midday trading on Tuesday, hitting $29.71. 30,916 shares of the company’s stock traded hands, compared to its average volume of 15,217. The firm’s fifty day moving average price is $29.58 and its two-hundred day moving average price is $27.34. Empire has a twelve month low of $22.27 and a twelve month high of $30.47.

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.