Boralex Inc. (OTCMKTS:BRLXF) Short Interest Update

Boralex Inc. (OTCMKTS:BRLXF) was the recipient of a significant decline in short interest in September. As of September 30th, there was short interest totalling 428,800 shares, a decline of 46.9% from the September 15th total of 807,400 shares. Based on an average daily trading volume, of 200 shares, the short-interest ratio is presently 2,144.0 days.

Boralex Price Performance

Shares of BRLXF opened at $26.05 on Friday. Boralex has a 1 year low of $18.75 and a 1 year high of $27.07. The stock has a 50 day simple moving average of $25.33 and a 200-day simple moving average of $23.76.

Boralex Company Profile

Boralex Inc, together with its subsidiaries, engages in the development, construction, and operation of renewable energy power facilities in Canada, France, the United States, and the United Kingdom. It generates electricity from wind, solar, and hydroelectric resources. As of December 31, 2023, the company operates 100 wind farms; 12 solar energy facilities; 15 hydroelectric power stations; and 2 storage units with an installed capacity of 1,819 megawatts (MW) in North America and 1,259 MW in Europe.