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

Borealis Foods Inc. (NASDAQ:BRLSW) was the target of a significant decline in short interest during the month of February. As of February 28th, there was short interest totalling 7,700 shares, a decline of 33.0% from the February 13th total of 11,500 shares. Based on an average daily trading volume, of 33,500 shares, the short-interest ratio is presently 0.2 days.

Borealis Foods Stock Up 3.0 %

Shares of Borealis Foods stock opened at $0.10 on Monday. Borealis Foods has a 52-week low of $0.04 and a 52-week high of $0.17. The company has a 50-day simple moving average of $0.11 and a two-hundred day simple moving average of $0.08.

About Borealis Foods

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.