Borealis Foods Inc. (NASDAQ:BRLSW) Short Interest Update

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

Borealis Foods Stock Down 20.2 %

Shares of BRLSW stock traded down $0.02 on Wednesday, hitting $0.09. 11,806 shares of the stock traded hands, compared to its average volume of 23,847. Borealis Foods has a 52 week low of $0.04 and a 52 week high of $0.20. The firm has a 50 day simple moving average of $0.08 and a two-hundred day simple moving average of $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.