P/F Bakkafrost (OTCMKTS:BKFKF) Sees Significant Growth in Short Interest

P/F Bakkafrost (OTCMKTS:BKFKF) saw a significant growth in short interest in January. As of January 30th, there was short interest totaling 391,565 shares, a growth of 21.2% from the January 15th total of 323,114 shares. Based on an average daily trading volume, of 102 shares, the days-to-cover ratio is currently 3,838.9 days. Based on an average daily trading volume, of 102 shares, the days-to-cover ratio is currently 3,838.9 days.

P/F Bakkafrost Stock Performance

BKFKF stock opened at $48.02 on Tuesday. P/F Bakkafrost has a 52-week low of $40.19 and a 52-week high of $52.90. The company’s 50 day simple moving average is $48.83 and its 200-day simple moving average is $46.57.

About P/F Bakkafrost

P/F Bakkafrost is a vertically integrated aquaculture company headquartered in Glyvrar in the Faroe Islands. It specializes in the production, processing and sale of Atlantic salmon, leveraging a fully integrated value chain that encompasses broodstock and smolt production, fish farming, feed production and on-site processing. The company is recognized for its focus on high-quality, organic-certified salmon and stringent biosecurity and animal welfare standards.

The group operates freshwater facilities for smolt rearing and a network of sea sites in sheltered fjords and coastal areas of the Faroe Islands, where ocean currents and water quality offer ideal conditions for salmon farming.