Short Interest in Boralex Inc. (OTCMKTS:BRLXF) Declines By 10.4%

Boralex Inc. (OTCMKTS:BRLXF) was the target of a large decrease in short interest in the month of September. As of September 15th, there was short interest totalling 807,400 shares, a decrease of 10.4% from the August 31st total of 900,900 shares. Based on an average daily volume of 3,900 shares, the days-to-cover ratio is presently 207.0 days.

Boralex Price Performance

Shares of BRLXF opened at $26.92 on Tuesday. Boralex has a 1 year low of $18.75 and a 1 year high of $27.07. The company has a 50 day simple moving average of $24.94 and a two-hundred day simple moving average of $23.47.

About Boralex

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.