Short Interest in Boralex Inc. (OTCMKTS:BRLXF) Decreases By 18.0%

Boralex Inc. (OTCMKTS:BRLXF) saw a significant decline in short interest in the month of May. As of May 31st, there was short interest totalling 1,178,200 shares, a decline of 18.0% from the May 15th total of 1,437,600 shares. Based on an average trading volume of 21,100 shares, the short-interest ratio is currently 55.8 days.

Boralex Stock Performance

Shares of OTCMKTS:BRLXF opened at $24.86 on Monday. Boralex has a 12-month low of $18.75 and a 12-month high of $27.50. The business has a 50 day moving average of $22.01 and a 200-day moving average of $22.69.

Boralex Company Profile

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.