Short Interest in Borealis Foods Inc. (NASDAQ:BRLSW) Drops By 33.0%

Borealis Foods Inc. (NASDAQ:BRLSW) was the recipient of a significant decline in short interest in the month of February. As of February 28th, there was short interest totalling 7,700 shares, a decline of 33.0% from the February 13th total of 11,500 shares. Based on an average trading volume of 33,500 shares, the days-to-cover ratio is currently 0.2 days.

Borealis Foods Trading Up 3.0 %

Shares of BRLSW stock opened at $0.10 on Monday. The company has a 50 day moving average price of $0.11 and a 200-day moving average price of $0.08. Borealis Foods has a 52 week low of $0.04 and a 52 week high of $0.17.

About Borealis Foods

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.