AAK AB ORDINARY SHARES (OTCMKTS:ARHUF) Reports Increase in Sellers; Strong Momentum for Short Players

September 16, 2018 - By Brian Ramirez

The stock of AAK AB ORDINARY SHARES (OTCMKTS:ARHUF) registered an increase of 2.84% in short interest. ARHUF’s total short interest was 511,100 shares in September as published by FINRA. Its up 2.84% from 497,000 shares, reported previously.

It closed at $16.3 lastly. It is down 0.00% since September 16, 2017 and is . It has underperformed by 15.62% the S&P500.

AAK AB refines and sells vegetable oils for specialized products in Europe, Latin America, the United States, Asia, and internationally. The company has market cap of $4.14 billion. It offers cocoa butter alternatives, filling fats, chocolates, compound and compound coatings, confectionery products, chocolate spreads, and barrier fats under TROPICAO, ILLEXAO, AKOPOL, CEBES, SILKO, CHOCOFILL, DELIAIR NH, AKOSPREAD, and BARRIER FAT names to the chocolate and confectionery industry. It has a 28.85 P/E ratio. The firm also provides food ingredients for baking of bread, biscuits and cookies, cakes, and laminated pastries; vegetable fat products for dairy applications, such as cheese, butterblends, whipped cream, or soured products; fats to complement or replace milk fat in ice-creams; oils for infant formulas under the Akonino and InFat brands; oils/fats ingredients; and functional vegetable oils and fats for food preparation in hotels, restaurants, and fast-food chains.

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