Short Interest in Empire Company Limited (OTCMKTS:EMLAF) Declines By 26.6%

Empire Company Limited (OTCMKTS:EMLAF) was the recipient of a significant decline in short interest during the month of January. As of January 31st, there was short interest totalling 757,300 shares, a decline of 26.6% from the January 15th total of 1,031,200 shares. Based on an average trading volume of 26,900 shares, the short-interest ratio is currently 28.2 days.

Empire Stock Performance

OTCMKTS EMLAF remained flat at $29.83 during trading on Friday. The company’s stock had a trading volume of 9 shares, compared to its average volume of 20,132. The firm’s fifty day moving average price is $30.26 and its 200 day moving average price is $29.38. Empire has a 12-month low of $22.27 and a 12-month 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.