Boralex Inc. (OTCMKTS:BRLXF) Short Interest Up 15.0% in October

Boralex Inc. (OTCMKTS:BRLXF) was the recipient of a large growth in short interest in October. As of October 31st, there was short interest totalling 574,900 shares, a growth of 15.0% from the October 15th total of 500,000 shares. Based on an average daily trading volume, of 2,400 shares, the short-interest ratio is presently 239.5 days.

Boralex Stock Performance

BRLXF traded down $1.64 on Friday, reaching $22.71. The company had a trading volume of 161 shares, compared to its average volume of 19,377. The company has a fifty day moving average of $25.28 and a 200-day moving average of $24.55. Boralex has a one year low of $19.47 and a one year high of $27.07.

Boralex Company Profile

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.