Borealis Foods Inc. (NASDAQ:BRLSW) Short Interest Down 9.9% in November

Borealis Foods Inc. (NASDAQ:BRLSW) was the target of a large decrease in short interest during the month of November. As of November 30th, there was short interest totalling 20,100 shares, a decrease of 9.9% from the November 15th total of 22,300 shares. Based on an average daily volume of 13,000 shares, the short-interest ratio is presently 1.5 days.

Borealis Foods Stock Performance

Shares of BRLSW remained flat at $0.07 during mid-day trading on Friday. The stock had a trading volume of 6,910 shares, compared to its average volume of 47,841. The business has a 50-day simple moving average of $0.07 and a 200-day simple moving average of $0.07. Borealis Foods has a 52-week low of $0.04 and a 52-week high of $0.20.

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.