Borealis Foods Inc. (NASDAQ:BRLSW) Sees Large Decrease in Short Interest

Borealis Foods Inc. (NASDAQ:BRLSW) was the target of a significant decrease in short interest in November. As of November 30th, there was short interest totalling 20,100 shares, a decrease of 9.9% from the November 15th total of 22,300 shares. Based on an average daily volume of 13,000 shares, the days-to-cover ratio is presently 1.5 days.

Borealis Foods Price Performance

Shares of NASDAQ:BRLSW remained flat at $0.07 during midday trading on Friday. 6,910 shares of the stock were exchanged, compared to its average volume of 47,841. The business has a 50-day moving average of $0.07 and a 200 day moving average of $0.07. Borealis Foods has a 12-month low of $0.04 and a 12-month high of $0.20.

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.