Short Interest in Borregaard ASA (OTCMKTS:BRRDF) Rises By 12.1%

Borregaard ASA (OTCMKTS:BRRDF) was the target of a large increase in short interest in the month of October. As of October 31st, there was short interest totalling 31,500 shares, an increase of 12.1% from the October 15th total of 28,100 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is currently ∞ days.

Borregaard ASA Price Performance

Shares of Borregaard ASA stock remained flat at $17.40 on Monday. Borregaard ASA has a 12 month low of $17.40 and a 12 month high of $17.40. The business’s 50-day moving average price is $17.40 and its two-hundred day moving average price is $17.39.

About Borregaard ASA

Borregaard ASA engages in the development, production, and marketing of specialized biomaterials and biochemicals in Norway, rest of Europe, the United States, Asia, and internationally. It operates in three segments: BioSolutions, BioMaterials, and Fine Chemicals. The BioSolutions segment develops, produces, and sells biopolymers for various applications, such as agrochemicals, batteries, industrial binders, and construction; and biovanillin for flavor and fragrance companies, as well as for food and beverage industry.