P/F Bakkafrost (OTCMKTS:BKFKF) Sees Large Increase in Short Interest

P/F Bakkafrost (OTCMKTS:BKFKF) was the recipient of a significant increase in short interest in the month of January. As of January 30th, there was short interest totaling 391,565 shares, an increase of 21.2% from the January 15th total of 323,114 shares. Based on an average trading volume of 102 shares, the short-interest ratio is presently 3,838.9 days. Based on an average trading volume of 102 shares, the short-interest ratio is presently 3,838.9 days.

P/F Bakkafrost Stock Performance

OTCMKTS:BKFKF opened at $48.02 on Tuesday. P/F Bakkafrost has a twelve month low of $40.19 and a twelve month high of $52.90. The company has a 50-day moving average of $48.83 and a 200-day moving average of $46.57.

P/F Bakkafrost Company Profile

P/F Bakkafrost is a vertically integrated aquaculture company headquartered in Glyvrar in the Faroe Islands. It specializes in the production, processing and sale of Atlantic salmon, leveraging a fully integrated value chain that encompasses broodstock and smolt production, fish farming, feed production and on-site processing. The company is recognized for its focus on high-quality, organic-certified salmon and stringent biosecurity and animal welfare standards.

The group operates freshwater facilities for smolt rearing and a network of sea sites in sheltered fjords and coastal areas of the Faroe Islands, where ocean currents and water quality offer ideal conditions for salmon farming.