Borealis Foods Inc. (NASDAQ:BRLSW) Short Interest Down 76.4% in October

by · The Cerbat Gem

Borealis Foods Inc. (NASDAQ:BRLSW – Get Free Report) was the recipient of a large drop in short interest during the month of October. As of October 15th, there was short interest totalling 3,900 shares, a drop of 76.4% from the September 30th total of 16,500 shares. Based on an average daily trading volume, of 16,100 shares, the days-to-cover ratio is currently 0.2 days.

Borealis Foods Price Performance

BRLSW remained flat at $0.07 during midday trading on Friday. The company’s stock had a trading volume of 38,597 shares, compared to its average volume of 54,088. The firm has a fifty day simple moving average of $0.07 and a two-hundred day simple moving average of $0.07. Borealis Foods has a 12-month low of $0.03 and a 12-month high of $0.20.

About Borealis Foods

(Get Free Report)

Borealis Foods Inc engages in the distribution of plant-based protein food products. Its products include Chef Woo, a high-protein instant ramen with 20 grams of plant-based complete protein; and Ramen Express, a vegetarian ramen noodles. The company is based in Oakville, Canada.

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