Short Interest in Borregaard ASA (OTCMKTS:BRRDF) Drops By 81.9%

Borregaard ASA (OTCMKTS:BRRDF) was the target of a large decline in short interest during the month of January. As of January 15th, there was short interest totalling 17,900 shares, a decline of 81.9% from the December 31st total of 98,700 shares. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days.

Borregaard ASA Stock Performance

OTCMKTS:BRRDF opened at $17.40 on Wednesday. Borregaard ASA has a 52-week low of $17.40 and a 52-week high of $17.40. The stock’s 50 day moving average price is $17.40 and its 200 day moving average price is $17.39.

Borregaard ASA Company Profile

Borregaard ASA engages in the development, production, and marketing of specialized biomaterials and biochemicals in Norway, rest of Europe, the United States, Asia, and internationally. It operates in three segments: BioSolutions, BioMaterials, and Fine Chemicals. The BioSolutions segment develops, produces, and sells biopolymers for various applications, such as agrochemicals, batteries, industrial binders, and construction; and biovanillin for flavor and fragrance companies, as well as for food and beverage industry.