Short Interest in Borealis Foods Inc. (NASDAQ:BRLSW) Rises By 65.1%

Borealis Foods Inc. (NASDAQ:BRLSW) saw a significant growth in short interest during the month of May. As of May 29th, there was short interest totaling 51,969 shares, a growth of 65.1% from the May 14th total of 31,481 shares. Based on an average trading volume of 10,401 shares, the days-to-cover ratio is presently 5.0 days.

Borealis Foods Stock Performance

Shares of BRLSW opened at $0.05 on Tuesday. Borealis Foods has a 1 year low of $0.03 and a 1 year high of $0.16. The business has a 50-day moving average of $0.05 and a 200-day moving average of $0.06.

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.