Associated British Foods plc (OTCMKTS:ASBFY) Short Interest Up 113.1% in December

Associated British Foods plc (OTCMKTS:ASBFY) saw a significant increase in short interest in the month of December. As of December 15th, there was short interest totalling 79,500 shares, an increase of 113.1% from the November 30th total of 37,300 shares. Based on an average daily volume of 63,400 shares, the short-interest ratio is presently 1.3 days.

Associated British Foods Stock Down 1.0 %

Shares of ASBFY stock traded down $0.25 on Friday, hitting $25.68. The stock had a trading volume of 14,433 shares, compared to its average volume of 11,736. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.78 and a quick ratio of 0.91. Associated British Foods has a twelve month low of $24.46 and a twelve month high of $35.26. The company has a fifty day moving average price of $28.27 and a two-hundred day moving average price of $30.27.

Associated British Foods Increases Dividend

The firm also recently announced a dividend, which will be paid on Monday, January 27th. Shareholders of record on Friday, December 13th will be paid a $0.9028 dividend. This is a boost from Associated British Foods’s previous dividend of $0.21. The ex-dividend date is Friday, December 13th.

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.