Short Interest in Empire Company Limited (OTCMKTS:EMLAF) Drops By 23.0%

Empire Company Limited (OTCMKTS:EMLAF) saw a large decrease in short interest in January. As of January 15th, there was short interest totalling 695,200 shares, a decrease of 23.0% from the December 31st total of 902,400 shares. Based on an average trading volume of 19,600 shares, the short-interest ratio is currently 35.5 days.

Empire Price Performance

Shares of EMLAF stock opened at $30.00 on Thursday. Empire has a 52-week low of $22.27 and a 52-week high of $32.67. The company’s 50 day moving average is $30.28 and its 200 day moving average is $29.02.

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.