Blue Star Foods Corp. (NASDAQ:BSFC) Short Interest Up 579.6% in April

Blue Star Foods Corp. (NASDAQ:BSFC) was the recipient of a large growth in short interest in April. As of April 15th, there was short interest totalling 1,780,000 shares, a growth of 579.6% from the March 31st total of 261,900 shares. Based on an average daily volume of 5,220,000 shares, the short-interest ratio is currently 0.3 days. Currently, 5.5% of the shares of the stock are short sold.

Blue Star Foods Stock Performance

Shares of Blue Star Foods stock remained flat at $0.06 during trading on Friday. 5,464,890 shares of the stock traded hands, compared to its average volume of 12,920,220. The stock has a market capitalization of $2.58 million, a price-to-earnings ratio of -0.01 and a beta of 1.98. Blue Star Foods has a 52-week low of $0.06 and a 52-week high of $2.70. The company’s 50 day moving average price is $0.09 and its 200-day moving average price is $0.13. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.47 and a current ratio of 1.28.

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 various crab meats sourced primarily from Southeast Asia; 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, Pacifika, Oceanica, Crab & Go Premium Seafood, Lubkin, First Choice, Good Stuff, Coastal Pride Fresh, and Little Cedar Falls brands.