Short Interest in Borregaard ASA (OTCMKTS:BRRDF) Expands By 113.6%

Borregaard ASA (OTCMKTS:BRRDF) was the target of a large increase in short interest in November. As of November 30th, there was short interest totalling 98,700 shares, an increase of 113.6% from the November 15th total of 46,200 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Borregaard ASA Price Performance

BRRDF stock opened at $17.40 on Friday. The company’s 50-day simple moving average is $17.40 and its 200-day simple moving average is $17.39. Borregaard ASA has a 52-week low of $17.40 and a 52-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.