Borealis Foods Inc. (NASDAQ:BRLSW) Short Interest Update

Borealis Foods Inc. (NASDAQ:BRLSW) was the recipient of a significant increase in short interest during the month of November. As of November 15th, there was short interest totalling 22,300 shares, an increase of 134.7% from the October 31st total of 9,500 shares. Based on an average daily trading volume, of 14,900 shares, the days-to-cover ratio is currently 1.5 days.

Borealis Foods Stock Performance

Shares of BRLSW remained flat at $0.07 during mid-day trading on Friday. The stock had a trading volume of 3,411 shares, compared to its average volume of 49,353. The firm’s 50 day moving average is $0.07 and its 200-day moving average is $0.07. Borealis Foods has a 1 year low of $0.04 and a 1 year high of $0.20.

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.