Borealis Foods Inc. (NASDAQ:BRLSW) Sees Significant Growth in Short Interest

Borealis Foods Inc. (NASDAQ:BRLSW) saw a large growth in short interest in December. As of December 15th, there was short interest totalling 26,200 shares, a growth of 30.3% from the November 30th total of 20,100 shares. Based on an average daily volume of 13,200 shares, the short-interest ratio is currently 2.0 days.

Borealis Foods Trading Down 0.9 %

BRLSW traded down $0.00 on Friday, hitting $0.07. 264,835 shares of the company were exchanged, compared to its average volume of 47,680. Borealis Foods has a fifty-two week low of $0.04 and a fifty-two week high of $0.20. The business’s fifty day moving average is $0.07 and its 200 day moving average is $0.07.

Borealis Foods Company Profile

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.