Borregaard ASA (OTCMKTS:BRRDF) Short Interest Down 81.9% in January

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

Borregaard ASA Stock Performance

BRRDF stock remained flat 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 has a 50 day moving average of $17.40 and a 200 day moving average of $17.39.

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.