Borealis Foods Inc. (NASDAQ:BRLSW) Short Interest Down 59.2% in December

Borealis Foods Inc. (NASDAQ:BRLSW) saw a large decline in short interest in December. As of December 31st, there was short interest totalling 10,700 shares, a decline of 59.2% from the December 15th total of 26,200 shares. Based on an average daily volume of 22,600 shares, the short-interest ratio is presently 0.5 days.

Borealis Foods Price Performance

NASDAQ:BRLSW traded up $0.00 during mid-day trading on Tuesday, reaching $0.10. The company’s stock had a trading volume of 5,002 shares, compared to its average volume of 25,257. Borealis Foods has a 12-month low of $0.04 and a 12-month high of $0.20. The firm’s fifty day moving average price is $0.08 and its two-hundred day moving average price is $0.07.

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.