Blue Star Foods Corp. (NASDAQ:BSFC) Sees Significant Increase in Short Interest

Blue Star Foods Corp. (NASDAQ:BSFC) was the recipient of a large increase in short interest during the month of November. As of November 15th, there was short interest totalling 359,600 shares, an increase of 47.7% from the October 31st total of 243,400 shares. Based on an average daily trading volume, of 2,530,000 shares, the days-to-cover ratio is currently 0.1 days. Currently, 4.7% of the company’s stock are sold short.

Blue Star Foods Stock Performance

Shares of NASDAQ:BSFC traded up $0.01 during midday trading on Friday, reaching $0.32. The company’s stock had a trading volume of 1,729,939 shares, compared to its average volume of 1,314,511. Blue Star Foods has a twelve month low of $0.20 and a twelve month high of $8.70. The company has a quick ratio of 1.06, a current ratio of 1.86 and a debt-to-equity ratio of 0.03. The stock has a fifty day moving average of $0.42 and a 200 day moving average of $1.39.

About Blue Star Foods

Blue Star Foods Corp., through its subsidiaries, operates as a marine protein company in the United States and Canada. The company imports, packages, and sells refrigerated pasteurized crab meats and other premium seafood products. It sells its products primarily to food service distributors, as well as wholesalers, retail establishments, and seafood distributors under the Blue Star, Oceanica, Pacifika, Crab & Go, Lubkin's Coastal Pride, First Choice, Good Stuff, Coastal Pride Fresh, TOBC, and Little Cedar Farms brands.