Borregaard ASA (OTCMKTS:BRRDF) Short Interest Update

Borregaard ASA (OTCMKTS:BRRDF) was the recipient of a large drop in short interest in the month of May. As of May 31st, there was short interest totalling 21,400 shares, a drop of 21.9% from the May 15th total of 27,400 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Borregaard ASA Stock Performance

Shares of OTCMKTS BRRDF opened at $17.40 on Monday. Borregaard ASA has a one year low of $17.40 and a one year high of $17.40. The business has a 50-day moving average price of $17.40 and a two-hundred day moving average price of $16.23.

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.