Blue Star Foods Corp. (NASDAQ:BSFC) Sees Significant Growth in Short Interest

Blue Star Foods Corp. (NASDAQ:BSFC) was the target of a large growth in short interest during the month of November. As of November 15th, there was short interest totalling 359,600 shares, a growth of 47.7% from the October 31st total of 243,400 shares. Currently, 4.7% of the company’s shares are short sold. Based on an average daily trading volume, of 2,530,000 shares, the short-interest ratio is presently 0.1 days.

Blue Star Foods Stock Performance

Shares of BSFC stock traded up $0.01 during trading on Friday, hitting $0.32. 1,729,939 shares of the stock traded hands, compared to its average volume of 1,314,511. Blue Star Foods has a 52-week low of $0.20 and a 52-week high of $8.70. The company has a quick ratio of 1.06, a current ratio of 1.86 and a debt-to-equity ratio of 0.03. The firm’s fifty day moving average price is $0.42 and its 200-day moving average price is $1.39.

About Blue Star Foods

Blue Star Foods Corp., through its subsidiaries, operates as a marine protein company in the United States and Canada. The company imports, packages, and sells refrigerated pasteurized crab meats and other premium seafood products. It sells its products primarily to food service distributors, as well as wholesalers, retail establishments, and seafood distributors under the Blue Star, Oceanica, Pacifika, Crab & Go, Lubkin's Coastal Pride, First Choice, Good Stuff, Coastal Pride Fresh, TOBC, and Little Cedar Farms brands.