Short Interest in Borregaard ASA (OTCMKTS:BRRDF) Grows By 24.7%

Borregaard ASA (OTCMKTS:BRRDF) was the target of a significant growth in short interest in the month of February. As of February 27th, there was short interest totaling 126,757 shares, a growth of 24.7% from the February 12th total of 101,647 shares. Based on an average daily trading volume, of 112 shares, the short-interest ratio is presently 1,131.8 days. Based on an average daily trading volume, of 112 shares, the short-interest ratio is presently 1,131.8 days.

Borregaard ASA Price Performance

Shares of BRRDF stock opened at $19.18 on Tuesday. The firm’s 50 day moving average price is $19.20 and its two-hundred day moving average price is $19.34. Borregaard ASA has a 52-week low of $18.30 and a 52-week high of $19.18.

About Borregaard ASA

Borregaard ASA is a Norway-based advanced biorefinery company specializing in sustainable, wood-based solutions. Leveraging proprietary technologies, it produces a range of high-value products derived from lignocellulosic raw materials, including specialty cellulose, lignin derivatives, bioethanol, vanillin and fine chemicals. These offerings serve diverse industries such as construction, agriculture, personal care, food and pharmaceuticals, where they function as binders, dispersants, stabilizers and flavoring agents.

Founded in 1889 with the establishment of a pulp mill on the Glomma River in Sarpsborg, Borregaard has evolved from a traditional paper and pulp producer into a pioneer of bio-based materials.