Short Interest in Borregaard ASA (OTCMKTS:BRRDF) Grows By 12.1%

Borregaard ASA (OTCMKTS:BRRDF) was the recipient of a significant growth in short interest during the month of October. As of October 31st, there was short interest totalling 31,500 shares, a growth of 12.1% from the October 15th total of 28,100 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Borregaard ASA Price Performance

Borregaard ASA stock remained flat at $17.40 during trading on Friday. The business’s 50 day simple moving average is $17.40 and its two-hundred day simple moving average is $17.39. Borregaard ASA has a fifty-two week low of $17.40 and a fifty-two week high of $17.40.

Borregaard ASA Company Profile

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.