Short Interest in Borealis Foods Inc. (NASDAQ:BRLSW) Drops By 24.7%

Borealis Foods Inc. (NASDAQ:BRLSW) saw a large drop in short interest in September. As of September 15th, there was short interest totalling 20,400 shares, a drop of 24.7% from the August 31st total of 27,100 shares. Based on an average daily trading volume, of 19,500 shares, the days-to-cover ratio is currently 1.0 days.

Borealis Foods Stock Performance

NASDAQ BRLSW remained flat at $0.07 during trading hours on Friday. The company had a trading volume of 15 shares, compared to its average volume of 57,501. Borealis Foods has a 52 week low of $0.03 and a 52 week high of $0.20. The stock has a 50 day moving average price of $0.06 and a 200 day moving average price of $0.08.

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.