Borealis Foods Inc. (NASDAQ:BRLSW) Short Interest Up 134.7% in November

Borealis Foods Inc. (NASDAQ:BRLSW) saw a significant growth in short interest in the month of November. As of November 15th, there was short interest totalling 22,300 shares, a growth of 134.7% from the October 31st total of 9,500 shares. Based on an average daily trading volume, of 14,900 shares, the short-interest ratio is presently 1.5 days.

Borealis Foods Price Performance

BRLSW stock remained flat at $0.07 during mid-day trading on Friday. The company’s stock had a trading volume of 3,411 shares, compared to its average volume of 49,353. Borealis Foods has a 12-month low of $0.04 and a 12-month high of $0.20. The stock’s 50 day moving average is $0.07 and its 200 day moving average is $0.07.

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.