Boralex Inc. (OTCMKTS:BRLXF) Short Interest Update

Boralex Inc. (OTCMKTS:BRLXF) was the recipient of a significant growth in short interest in the month of August. As of August 31st, there was short interest totalling 900,900 shares, a growth of 11.6% from the August 15th total of 807,600 shares. Based on an average daily volume of 10,400 shares, the days-to-cover ratio is currently 86.6 days.

Boralex Trading Up 6.8 %

Shares of OTCMKTS BRLXF traded up $1.63 during mid-day trading on Tuesday, reaching $25.48. The company had a trading volume of 605 shares, compared to its average volume of 23,090. Boralex has a 52 week low of $18.75 and a 52 week high of $27.07. The business’s 50-day moving average is $24.78 and its 200-day moving average is $23.15.

Boralex Company Profile

Boralex Inc, together with its subsidiaries, engages in the development, construction, and operation of renewable energy power facilities in Canada, France, the United States, and the United Kingdom. It generates electricity from wind, solar, and hydroelectric resources. As of December 31, 2023, the company operates 100 wind farms; 12 solar energy facilities; 15 hydroelectric power stations; and 2 storage units with an installed capacity of 1,819 megawatts (MW) in North America and 1,259 MW in Europe.