Short Interest in Borregaard ASA (OTCMKTS:BRRDF) Increases By 12.1%

Borregaard ASA (OTCMKTS:BRRDF) was the recipient of a large increase in short interest during the month of October. As of October 31st, there was short interest totalling 31,500 shares, an increase of 12.1% from the October 15th total of 28,100 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is currently ∞ days.

Borregaard ASA Stock Performance

Borregaard ASA stock remained flat at $17.40 during trading hours on Monday. Borregaard ASA has a 1-year low of $17.40 and a 1-year high of $17.40. The firm’s fifty day moving average price is $17.40 and its 200-day moving average price is $17.39.

Borregaard ASA Company Profile

Borregaard ASA engages in the development, production, and marketing of specialized biomaterials and biochemicals in Norway, rest of Europe, the United States, Asia, and internationally. It operates in three segments: BioSolutions, BioMaterials, and Fine Chemicals. The BioSolutions segment develops, produces, and sells biopolymers for various applications, such as agrochemicals, batteries, industrial binders, and construction; and biovanillin for flavor and fragrance companies, as well as for food and beverage industry.