Blue Star Foods Corp. (NASDAQ:BSFC) Short Interest Update

Blue Star Foods Corp. (NASDAQ:BSFC) was the target of a significant decrease in short interest in July. As of July 15th, there was short interest totalling 269,300 shares, a decrease of 50.2% from the June 30th total of 541,300 shares. Based on an average trading volume of 1,550,000 shares, the days-to-cover ratio is currently 0.2 days. Currently, 34.4% of the shares of the stock are short sold.

Blue Star Foods Stock Performance

Shares of BSFC traded up $0.01 during trading hours on Friday, reaching $1.94. 60,606 shares of the company traded hands, compared to its average volume of 1,779,953. The stock has a fifty day simple moving average of $2.28 and a 200 day simple moving average of $4.09. Blue Star Foods has a fifty-two week low of $1.57 and a fifty-two week high of $104.00. The company has a quick ratio of 0.62, a current ratio of 1.24 and a debt-to-equity ratio of 0.21.

Blue Star Foods (NASDAQ:BSFC) last issued its quarterly earnings results on Wednesday, May 15th. The company reported ($2.00) EPS for the quarter. The firm had revenue of $2.26 million for the quarter. Blue Star Foods had a negative return on equity of 344.42% and a negative net margin of 55.71%.

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.