Borregaard ASA (OTCMKTS:BRRDF) Sees Large Growth in Short Interest

Borregaard ASA (OTCMKTS:BRRDF) saw a significant increase in short interest during the month of November. As of November 30th, there was short interest totalling 98,700 shares, an increase of 113.6% from the November 15th total of 46,200 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is currently ∞ days.

Borregaard ASA Price Performance

BRRDF stock opened at $17.40 on Friday. The firm has a fifty day moving average price of $17.40 and a 200 day moving average price of $17.39. Borregaard ASA has a fifty-two week low of $17.40 and a fifty-two week high of $17.40.

About Borregaard ASA

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.