Short Interest in Borealis Foods Inc. (NASDAQ:BRLSW) Rises By 134.7%

Borealis Foods Inc. (NASDAQ:BRLSW) was the target of a large increase in short interest in 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 trading volume of 14,900 shares, the days-to-cover ratio is presently 1.5 days.

Borealis Foods Stock Down 3.6 %

Shares of NASDAQ:BRLSW traded down $0.00 during trading on Thursday, hitting $0.07. 1,972 shares of the company were exchanged, compared to its average volume of 49,588. The firm’s 50 day moving average price is $0.07 and its 200-day moving average price is $0.07. Borealis Foods has a 12-month low of $0.04 and a 12-month high of $0.20.

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.