Blue Star Foods Corp. (NASDAQ:BSFC) Short Interest Up 498.7% in August

Blue Star Foods Corp. (NASDAQ:BSFC) was the target of a significant increase in short interest in the month of August. As of August 31st, there was short interest totalling 142,500 shares, an increase of 498.7% from the August 15th total of 23,800 shares. Based on an average trading volume of 1,640,000 shares, the short-interest ratio is currently 0.1 days. Currently, 6.1% of the shares of the company are sold short.

Blue Star Foods Trading Up 4.7 %

Shares of Blue Star Foods stock traded up $0.04 on Thursday, reaching $0.82. 78,971 shares of the company traded hands, compared to its average volume of 741,863. The company has a 50 day moving average of $1.54 and a 200 day moving average of $2.86. The company has a quick ratio of 0.97, a current ratio of 1.78 and a debt-to-equity ratio of 0.04. Blue Star Foods has a 52 week low of $0.65 and a 52 week high of $23.50.

Blue Star Foods (NASDAQ:BSFC) last posted its quarterly earnings results on Wednesday, August 14th. The company reported ($1.52) earnings per share for the quarter. The firm had revenue of $1.78 million for the quarter. Blue Star Foods had a negative return on equity of 204.29% and a negative net margin of 60.59%.

Blue Star Foods Company Profile

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.