Borealis Foods Inc. (NASDAQ:BRLSW) Short Interest Update

Borealis Foods Inc. (NASDAQ:BRLSW) was the target of a large decline in short interest in December. As of December 31st, there was short interest totaling 3,526 shares, a decline of 28.8% from the December 15th total of 4,953 shares. Based on an average daily trading volume, of 50,205 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily trading volume, of 50,205 shares, the days-to-cover ratio is currently 0.1 days.

Borealis Foods Stock Up 7.2%

Shares of NASDAQ BRLSW traded up $0.00 during midday trading on Friday, reaching $0.05. 1,301 shares of the company traded hands, compared to its average volume of 39,667. The stock’s 50-day simple moving average is $0.06 and its 200-day simple moving average is $0.07. Borealis Foods has a 12 month low of $0.05 and a 12 month high of $0.16.

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.