Short Interest in Borregaard ASA (OTCMKTS:BRRDF) Rises By 36.7%

Borregaard ASA (OTCMKTS:BRRDFGet Rating) was the recipient of a significant increase in short interest in the month of April. As of April 30th, there was short interest totalling 16,400 shares, an increase of 36.7% from the April 15th total of 12,000 shares. Based on an average trading volume of 200 shares, the short-interest ratio is presently 82.0 days.

Shares of BRRDF opened at $18.20 on Wednesday. Borregaard ASA has a 12 month low of $18.20 and a 12 month high of $25.15. The stock’s 50 day moving average is $20.70 and its two-hundred day moving average is $22.58.

Borregaard ASA Company Profile (Get Rating)

Borregaard ASA develops, produces, and markets specialized biomaterials, biochemicals, and biofuels 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 for a range of applications, such as agrochemicals, batteries, industrial binders, and construction; and biovanillin for flavor and fragrance companies, as well as for food and beverage industry.

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