Short Interest in Borealis Foods Inc. (NASDAQ:BRLSW) Drops By 24.7%

Borealis Foods Inc. (NASDAQ:BRLSW) was the target of a significant drop in short interest during the month of September. As of September 15th, there was short interest totalling 20,400 shares, a drop of 24.7% from the August 31st total of 27,100 shares. Based on an average daily volume of 19,500 shares, the short-interest ratio is currently 1.0 days.

Borealis Foods Stock Performance

NASDAQ:BRLSW remained flat at $0.07 on Friday. The company’s stock had a trading volume of 15 shares, compared to its average volume of 57,501. The business has a 50-day moving average price of $0.06 and a 200-day moving average price of $0.08. Borealis Foods has a fifty-two week low of $0.03 and a fifty-two week 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.