Boralex Inc. (OTCMKTS:BRLXF) Short Interest Down 18.0% in May

Boralex Inc. (OTCMKTS:BRLXFGet Free Report) saw a significant decrease in short interest in the month of May. As of May 31st, there was short interest totalling 1,178,200 shares, a decrease of 18.0% from the May 15th total of 1,437,600 shares. Based on an average daily trading volume, of 21,100 shares, the short-interest ratio is currently 55.8 days.

Boralex Price Performance

Shares of OTCMKTS BRLXF remained flat at $24.86 during mid-day trading on Friday. The company had a trading volume of 329 shares, compared to its average volume of 26,967. Boralex has a 1 year low of $18.75 and a 1 year high of $27.50. The business has a 50-day simple moving average of $22.01 and a 200-day simple moving average of $22.68.

Boralex Company Profile

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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.

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