Short Interest in Blue Star Foods Corp. (NASDAQ:BSFC) Declines By 74.7%

Blue Star Foods Corp. (NASDAQ:BSFC) saw a large decrease in short interest during the month of December. As of December 15th, there was short interest totalling 470,500 shares, a decrease of 74.7% from the November 30th total of 1,860,000 shares. Approximately 6.1% of the company’s stock are sold short. Based on an average daily volume of 2,980,000 shares, the days-to-cover ratio is currently 0.2 days.

Blue Star Foods Stock Performance

Blue Star Foods stock traded up $0.03 during mid-day trading on Friday, hitting $0.15. 343,549 shares of the company’s stock were exchanged, compared to its average volume of 1,304,861. Blue Star Foods has a 1-year low of $0.07 and a 1-year high of $8.70. The stock has a 50 day moving average of $0.30 and a two-hundred day moving average of $0.99. The company has a current ratio of 1.86, a quick ratio of 1.06 and a debt-to-equity ratio of 0.03.

Blue Star Foods Company Profile

Blue Star Foods Corp., through its subsidiaries, operates as a marine protein company in the United States and Canada. The company imports, packages, and sells refrigerated pasteurized crab meats and other premium seafood products. It sells its products primarily to food service distributors, as well as wholesalers, retail establishments, and seafood distributors under the Blue Star, Oceanica, Pacifika, Crab & Go, Lubkin's Coastal Pride, First Choice, Good Stuff, Coastal Pride Fresh, TOBC, and Little Cedar Farms brands.