Borregaard ASA (OTCMKTS:BRRDF) Short Interest Up 12.1% in October

Borregaard ASA (OTCMKTS:BRRDF) was the target of a large growth in short interest during the month of October. As of October 31st, there was short interest totalling 31,500 shares, a growth of 12.1% from the October 15th total of 28,100 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Borregaard ASA Price Performance

Shares of OTCMKTS BRRDF remained flat at $17.40 during mid-day trading on Friday. Borregaard ASA has a fifty-two week low of $17.40 and a fifty-two week high of $17.40. The stock’s 50 day simple moving average is $17.40 and its 200 day simple moving average is $17.39.

Borregaard ASA Company Profile

Borregaard ASA engages in the development, production, and marketing of specialized biomaterials and biochemicals in Norway, rest of Europe, the United States, Asia, and internationally. It operates in three segments: BioSolutions, BioMaterials, and Fine Chemicals. The BioSolutions segment develops, produces, and sells biopolymers for various applications, such as agrochemicals, batteries, industrial binders, and construction; and biovanillin for flavor and fragrance companies, as well as for food and beverage industry.