Borregaard ASA (OTCMKTS:BRRDF) Short Interest Update

Borregaard ASA (OTCMKTS:BRRDF) saw a significant increase in short interest during the month of February. As of February 13th, there was short interest totaling 101,647 shares, an increase of 27.3% from the January 29th total of 79,857 shares. Based on an average trading volume of 207 shares, the days-to-cover ratio is presently 491.0 days. Based on an average trading volume of 207 shares, the days-to-cover ratio is presently 491.0 days.

Borregaard ASA Stock Performance

OTCMKTS BRRDF opened at $19.18 on Thursday. The stock has a fifty day simple moving average of $19.24 and a 200-day simple moving average of $19.36. Borregaard ASA has a twelve month low of $18.30 and a twelve month high of $19.18.

About Borregaard ASA

Borregaard ASA is a Norway-based advanced biorefinery company specializing in sustainable, wood-based solutions. Leveraging proprietary technologies, it produces a range of high-value products derived from lignocellulosic raw materials, including specialty cellulose, lignin derivatives, bioethanol, vanillin and fine chemicals. These offerings serve diverse industries such as construction, agriculture, personal care, food and pharmaceuticals, where they function as binders, dispersants, stabilizers and flavoring agents.

Founded in 1889 with the establishment of a pulp mill on the Glomma River in Sarpsborg, Borregaard has evolved from a traditional paper and pulp producer into a pioneer of bio-based materials.