Borealis Foods Inc. (NASDAQ:BRLSW) Short Interest Up 12.9% in August

Borealis Foods Inc. (NASDAQ:BRLSW) saw a large increase in short interest during the month of August. As of August 31st, there was short interest totalling 27,100 shares, an increase of 12.9% from the August 15th total of 24,000 shares. Based on an average trading volume of 32,800 shares, the days-to-cover ratio is currently 0.8 days.

Borealis Foods Price Performance

Borealis Foods stock opened at $0.07 on Monday. The company’s 50 day simple moving average is $0.06 and its 200 day simple moving average is $0.09. Borealis Foods has a fifty-two week low of $0.03 and a fifty-two 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.