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

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

Borregaard ASA Stock Performance

BRRDF stock remained flat at $17.40 during midday trading on Wednesday. Borregaard ASA has a 1-year low of $17.40 and a 1-year high of $17.40. The business has a fifty day moving average price of $17.40 and a two-hundred day moving average price 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.