Short Interest in Blue Star Foods Corp. (NASDAQ:BSFC) Declines By 9.5%

Blue Star Foods Corp. (NASDAQ:BSFC) was the recipient of a significant drop in short interest during the month of September. As of September 30th, there was short interest totalling 84,400 shares, a drop of 9.5% from the September 15th total of 93,300 shares. Approximately 3.6% of the shares of the company are short sold. Based on an average daily volume of 928,300 shares, the days-to-cover ratio is currently 0.1 days.

Blue Star Foods Stock Up 10.8 %

BSFC stock traded up $0.05 during trading on Thursday, hitting $0.51. 958,973 shares of the company’s stock traded hands, compared to its average volume of 731,760. Blue Star Foods has a 52 week low of $0.45 and a 52 week high of $10.40. The stock has a fifty day moving average price of $0.84 and a two-hundred day moving average price of $2.06. The company has a quick ratio of 0.97, a current ratio of 1.78 and a debt-to-equity ratio of 0.04.

Blue Star Foods (NASDAQ:BSFC) last released its quarterly earnings data on Wednesday, August 14th. The company reported ($1.52) earnings per share for the quarter. Blue Star Foods had a negative return on equity of 204.29% and a negative net margin of 60.59%. The business had revenue of $1.78 million for the quarter.

Blue Star Foods Company Profile

Blue Star Foods Corp., through its subsidiaries, operates as a marine protein company in the United States and Canada. The company imports, packages, and sells refrigerated pasteurized crab meats and other premium seafood products. It sells its products primarily to food service distributors, as well as wholesalers, retail establishments, and seafood distributors under the Blue Star, Oceanica, Pacifika, Crab & Go, Lubkin's Coastal Pride, First Choice, Good Stuff, Coastal Pride Fresh, TOBC, and Little Cedar Farms brands.