Borregaard ASA (OTCMKTS:BRRDF) Short Interest Update

Borregaard ASA (OTCMKTS:BRRDF) was the recipient of a large drop in short interest during the month of December. As of December 31st, there was short interest totalling 17,900 shares, a drop of 81.9% from the December 15th total of 98,700 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is currently ∞ days.

Borregaard ASA Stock Performance

Borregaard ASA stock remained flat at $17.40 during midday trading on Monday. The company’s stock had a trading volume of 360 shares, compared to its average volume of 2,440. Borregaard ASA has a 12 month low of $17.40 and a 12 month high of $17.40. The company’s fifty day simple moving average is $17.40 and its 200 day simple moving average is $17.39.

About Borregaard ASA

Borregaard ASA engages in the development, production, and marketing of specialized biomaterials and biochemicals in Norway, rest of Europe, the United States, Asia, and internationally. It operates in three segments: BioSolutions, BioMaterials, and Fine Chemicals. The BioSolutions segment develops, produces, and sells biopolymers for various applications, such as agrochemicals, batteries, industrial binders, and construction; and biovanillin for flavor and fragrance companies, as well as for food and beverage industry.