Empire Company Limited (OTCMKTS:EMLAF) Short Interest Update

Empire Company Limited (OTCMKTS:EMLAF) was the target of a large drop in short interest during the month of December. As of December 15th, there was short interest totalling 902,400 shares, a drop of 32.3% from the November 30th total of 1,332,400 shares. Based on an average daily volume of 17,500 shares, the short-interest ratio is currently 51.6 days.

Empire Stock Performance

EMLAF stock traded up $0.20 during mid-day trading on Monday, reaching $30.51. The company had a trading volume of 6,342 shares, compared to its average volume of 16,014. The stock’s 50-day simple moving average is $29.83 and its two-hundred day simple moving average is $28.22. Empire has a one year low of $22.27 and a one year high of $32.67.

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.