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

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

Borregaard ASA Price Performance

Borregaard ASA stock opened at $17.40 on Tuesday. Borregaard ASA has a fifty-two week low of $17.40 and a fifty-two week high of $17.40. The firm’s fifty 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.