Boralex Inc. (OTCMKTS:BRLXF) Short Interest Update

Boralex Inc. (OTCMKTS:BRLXF) was the target of a significant increase in short interest in the month of December. As of December 15th, there was short interest totalling 837,100 shares, an increase of 19.0% from the November 30th total of 703,300 shares. Based on an average trading volume of 19,300 shares, the days-to-cover ratio is presently 43.4 days.

Boralex Stock Performance

Shares of OTCMKTS:BRLXF traded down $0.50 on Tuesday, reaching $19.90. 3,068 shares of the company’s stock were exchanged, compared to its average volume of 22,074. The company has a fifty day moving average of $22.53 and a 200-day moving average of $24.19. Boralex has a twelve month low of $19.47 and a twelve month high of $27.07.

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.