Short Interest in Borealis Foods Inc. (NASDAQ:BRLSW) Grows By 11.4%

Borealis Foods Inc. (NASDAQ:BRLSW) was the target of a large increase in short interest during the month of January. As of January 31st, there was short interest totalling 8,800 shares, an increase of 11.4% from the January 15th total of 7,900 shares. Based on an average trading volume of 23,500 shares, the short-interest ratio is currently 0.4 days.

Borealis Foods Trading Up 9.0 %

BRLSW traded up $0.01 during midday trading on Monday, reaching $0.12. 480,105 shares of the company’s stock traded hands, compared to its average volume of 43,734. Borealis Foods has a 52 week low of $0.04 and a 52 week high of $0.17. The firm has a fifty day moving average of $0.09 and a two-hundred day moving average of $0.08.

About Borealis Foods

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.