Borealis Foods Inc. (NASDAQ:BRLSW) Short Interest Up 134.7% in November

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 volume of 14,900 shares, the days-to-cover ratio is currently 1.5 days.

Borealis Foods Stock Performance

BRLSW traded down $0.00 during midday trading on Thursday, reaching $0.07. 1,972 shares of the company’s stock were exchanged, compared to its average volume of 49,588. The business’s 50-day moving average price is $0.07 and its 200 day moving average price is $0.07. Borealis Foods has a 1-year low of $0.04 and a 1-year high of $0.20.

Borealis Foods Company Profile

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.