Blue Star Foods Corp. (NASDAQ:BSFC) Sees Significant Increase in Short Interest

Blue Star Foods Corp. (NASDAQ:BSFC) was the recipient of a large growth in short interest in the month of November. As of November 15th, there was short interest totalling 359,600 shares, a growth of 47.7% from the October 31st total of 243,400 shares. Based on an average daily volume of 2,530,000 shares, the short-interest ratio is currently 0.1 days. Approximately 4.7% of the shares of the company are sold short.

Blue Star Foods Stock Performance

Shares of NASDAQ:BSFC traded up $0.01 during trading on Friday, hitting $0.32. The company’s stock had a trading volume of 1,729,939 shares, compared to its average volume of 5,364,483. The company has a 50-day moving average of $0.42 and a 200-day moving average of $1.36. Blue Star Foods has a 12 month low of $0.20 and a 12 month high of $8.70. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.86 and a quick ratio of 1.06.

Blue Star Foods Company Profile

Blue Star Foods Corp., through its subsidiaries, operates as a marine protein company in the United States and Canada. The company imports, packages, and sells refrigerated pasteurized crab meats and other premium seafood products. It sells its products primarily to food service distributors, as well as wholesalers, retail establishments, and seafood distributors under the Blue Star, Oceanica, Pacifika, Crab & Go, Lubkin's Coastal Pride, First Choice, Good Stuff, Coastal Pride Fresh, TOBC, and Little Cedar Farms brands.