Boralex Inc. (OTCMKTS:BRLXF) Short Interest Up 9.6% in June

Boralex Inc. (OTCMKTS:BRLXF) saw a large growth in short interest in the month of June. As of June 30th, there was short interest totalling 1,202,900 shares, a growth of 9.6% from the June 15th total of 1,097,100 shares. Based on an average trading volume of 9,500 shares, the days-to-cover ratio is currently 126.6 days.

Boralex Stock Performance

Shares of BRLXF remained flat at $25.73 during mid-day trading on Tuesday. The stock had a trading volume of 473 shares, compared to its average volume of 26,643. Boralex has a fifty-two week low of $18.75 and a fifty-two week high of $27.50. The stock’s fifty day moving average price is $24.11 and its 200-day moving average price is $22.80.

About Boralex

Boralex Inc, together with its subsidiaries, engages in the development, construction, and operation of renewable energy power facilities in Canada, France, the United States, and the United Kingdom. It generates electricity from wind, solar, and hydroelectric resources. As of December 31, 2023, the company operates 100 wind farms; 12 solar energy facilities; 15 hydroelectric power stations; and 2 storage units with an installed capacity of 1,819 megawatts (MW) in North America and 1,259 MW in Europe.