Empire Company Limited (OTCMKTS:EMLAF – Get Free Report) was the recipient of a large decline in short interest during the month of April. As of April 30th, there was short interest totaling 923,208 shares, a decline of 46.9% from the April 15th total of 1,739,619 shares. Based on an average daily trading volume, of 843 shares, the days-to-cover ratio is currently 1,095.1 days.
Empire Stock Performance
Empire stock opened at $33.66 on Friday. The stock has a 50-day moving average of $35.22 and a two-hundred day moving average of $35.07. Empire has a one year low of $32.56 and a one year high of $41.90.
About Empire
Empire Company Limited trades on the OTC Pink under the symbol EMLAF. It is a leading Canadian food retailer and distributor, operating a network of more than 1,500 locations across all provinces. The company’s retail segment includes national and regional banners such as Sobeys, Safeway (Western Canada), FreshCo, IGA (Quebec), Foodland (Atlantic Canada), Thrifty Foods and Price Chopper (Ontario). Through its wholesale division, Empire serves independent grocers and franchises markets under the Empire Wholesale Club and other distribution outlets.
In addition to traditional supermarket operations, Empire has expanded its digital and e-commerce capabilities, offering online grocery ordering and home delivery services to meet shifting consumer preferences.
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