Borregaard ASA (OTCMKTS:BRRDF) Short Interest Update

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Borregaard ASA (OTCMKTS:BRRDF) was the target of a large decline in short interest during the month of April. As of April 15th, there was short interest totalling 37,400 shares, a decline of 16.7% from the March 31st total of 44,900 shares. Based on an average daily trading volume, of 300 shares, the short-interest ratio is presently 124.7 days.

OTCMKTS:BRRDF remained flat at $$21.80 during trading hours on Tuesday. Borregaard ASA has a one year low of $18.80 and a one year high of $21.80. The company has a fifty day moving average price of $20.78 and a 200-day moving average price of $16.44.

About Borregaard ASA

Borregaard ASA develops, produces, and sells biomaterials, biochemicals, and fine chemicals in Norway, rest of Europe, the United States, Asia, and internationally. It operates through three segments: BioSolutions, BioMaterials, and Fine Chemicals. The BioSolutions segment provides biopolymers that are used as binding and dispersing agents for a range of applications, such as construction, industrial binders, agrochemicals, and batteries; and biovanillin for flavor and fragrance companies, as well as for the food and beverage industry.

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