Boralex Inc. (OTCMKTS:BRLXF) Short Interest Up 19.0% in December

Boralex Inc. (OTCMKTS:BRLXF) saw a significant increase in short interest in the month of December. As of December 15th, there was short interest totalling 837,100 shares, an increase of 19.0% from the November 30th total of 703,300 shares. Based on an average daily volume of 19,300 shares, the short-interest ratio is presently 43.4 days.

Boralex Trading Down 2.5 %

OTCMKTS:BRLXF traded down $0.50 during trading hours on Tuesday, reaching $19.90. The company had a trading volume of 3,068 shares, compared to its average volume of 22,074. The firm’s 50 day moving average price is $22.53 and its 200-day moving average price is $24.19. Boralex has a 52 week low of $19.47 and a 52 week high of $27.07.

About Boralex

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.