Borealis Foods Inc. (NASDAQ:BRLSW) Short Interest Up 143.6% in October

Borealis Foods Inc. (NASDAQ:BRLSW) was the target of a significant growth in short interest in October. As of October 31st, there was short interest totalling 9,500 shares, a growth of 143.6% from the October 15th total of 3,900 shares. Based on an average daily trading volume, of 13,600 shares, the days-to-cover ratio is presently 0.7 days.

Borealis Foods Price Performance

NASDAQ:BRLSW remained flat at $0.06 during trading hours on Wednesday. The company had a trading volume of 1,200 shares, compared to its average volume of 51,548. Borealis Foods has a 1-year low of $0.04 and a 1-year high of $0.20. The firm has a fifty day moving average of $0.07 and a 200 day moving average of $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.