Empire Company Limited (OTCMKTS:EMLAF) Short Interest Up 7.2% in October

Empire Company Limited (OTCMKTS:EMLAF) was the target of a significant increase in short interest in October. As of October 15th, there was short interest totalling 1,689,700 shares, an increase of 7.2% from the September 30th total of 1,575,600 shares. Based on an average daily volume of 10,100 shares, the days-to-cover ratio is currently 167.3 days.

Empire Trading Up 1.8 %

EMLAF stock traded up $0.51 during mid-day trading on Thursday, reaching $29.37. The company’s stock had a trading volume of 7,994 shares, compared to its average volume of 14,449. The business’s 50 day moving average price is $29.23 and its 200 day moving average price is $26.42. Empire has a 12 month low of $22.27 and a 12 month high of $30.47.

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.