Short Interest in Borealis Foods Inc. (NASDAQ:BRLSW) Declines By 81.5%

Borealis Foods Inc. (NASDAQ:BRLSW) saw a large decline in short interest in the month of January. As of January 15th, there was short interest totaling 652 shares, a decline of 81.5% from the December 31st total of 3,526 shares. Based on an average trading volume of 11,774 shares, the days-to-cover ratio is presently 0.1 days. Based on an average trading volume of 11,774 shares, the days-to-cover ratio is presently 0.1 days.

Borealis Foods Stock Up 0.6%

Shares of BRLSW stock traded up $0.00 during mid-day trading on Tuesday, reaching $0.05. The stock had a trading volume of 10,000 shares, compared to its average volume of 28,071. Borealis Foods has a 1-year low of $0.05 and a 1-year high of $0.16. The business’s fifty day moving average is $0.05 and its 200-day moving average is $0.07.

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.