Borealis Foods Inc. (NASDAQ:BRLSW) Short Interest Up 143.6% in October

Borealis Foods Inc. (NASDAQ:BRLSWGet Free Report) was the recipient of a large increase in short interest in October. As of October 31st, there was short interest totalling 9,500 shares, an increase of 143.6% from the October 15th total of 3,900 shares. Based on an average daily volume of 13,600 shares, the days-to-cover ratio is presently 0.7 days.

Borealis Foods Stock Performance

Shares of BRLSW stock remained flat at $0.06 during trading hours on Wednesday. The company’s stock had a trading volume of 1,200 shares, compared to its average volume of 51,548. The company’s fifty day moving average is $0.07 and its 200 day moving average is $0.07. Borealis Foods has a 52-week low of $0.04 and a 52-week high of $0.20.

Borealis Foods Company Profile

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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.

Further Reading

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