Boralex Inc. (OTCMKTS:BRLXF) Short Interest Update

Boralex Inc. (OTCMKTS:BRLXF) saw a significant increase in short interest in the month of August. As of August 31st, there was short interest totalling 900,900 shares, an increase of 11.6% from the August 15th total of 807,600 shares. Based on an average daily trading volume, of 10,400 shares, the days-to-cover ratio is currently 86.6 days.

Boralex Price Performance

Boralex stock opened at $25.48 on Wednesday. Boralex has a 52-week low of $18.75 and a 52-week high of $27.07. The firm has a fifty day moving average of $24.79 and a 200-day moving average of $23.18.

About Boralex

Boralex Inc, together with its subsidiaries, engages in the development, construction, and operation of renewable energy power facilities in Canada, France, the United States, and the United Kingdom. It generates electricity from wind, solar, and hydroelectric resources. As of December 31, 2023, the company operates 100 wind farms; 12 solar energy facilities; 15 hydroelectric power stations; and 2 storage units with an installed capacity of 1,819 megawatts (MW) in North America and 1,259 MW in Europe.