Borregaard ASA (OTCMKTS:BRRDF) Short Interest Down 81.9% in January

Borregaard ASA (OTCMKTS:BRRDF) was the recipient of a significant decline in short interest during the month of January. As of January 15th, there was short interest totalling 17,900 shares, a decline of 81.9% from the December 31st total of 98,700 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Borregaard ASA Price Performance

OTCMKTS BRRDF remained flat at $17.40 during trading on Tuesday. The business’s fifty day simple moving average is $17.40 and its two-hundred day simple moving average is $17.39. Borregaard ASA has a 52 week low of $17.40 and a 52 week high of $17.40.

About Borregaard ASA

Borregaard ASA engages in the development, production, and marketing of specialized biomaterials and biochemicals in Norway, rest of Europe, the United States, Asia, and internationally. It operates in three segments: BioSolutions, BioMaterials, and Fine Chemicals. The BioSolutions segment develops, produces, and sells biopolymers for various applications, such as agrochemicals, batteries, industrial binders, and construction; and biovanillin for flavor and fragrance companies, as well as for food and beverage industry.