Borealis Foods Inc. (NASDAQ:BRLSW) Short Interest Down 59.2% in December

Borealis Foods Inc. (NASDAQ:BRLSW) was the target of a large decrease in short interest during the month of December. As of December 31st, there was short interest totalling 10,700 shares, a decrease of 59.2% from the December 15th total of 26,200 shares. Based on an average daily volume of 22,600 shares, the short-interest ratio is currently 0.5 days.

Borealis Foods Stock Performance

NASDAQ BRLSW traded up $0.00 during trading on Tuesday, hitting $0.10. 5,002 shares of the stock traded hands, compared to its average volume of 25,257. The firm has a 50-day simple moving average of $0.08 and a 200-day simple moving average of $0.07. Borealis Foods has a 12-month low of $0.04 and a 12-month high of $0.20.

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.