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flag Axfood AB, a Swedish grocery retailer, increased its dividend by 1.6% amid rising short interest.

flag Swedish company Axfood AB raised its dividend by 1.6% to $0.41 per share, payable on April 10 to shareholders of record on March 21. flag Axfood operates four segments—Willys, Hemköp, Dagab, and Snabbgross—selling groceries through various store chains and engaging in e-commerce and private label production. flag The firm recently saw a significant increase in short interest, with 774,200 shares shorted in February.

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