Short Interest in Blue Star Foods Corp. (NASDAQ:BSFC) Rises By 579.6%

Blue Star Foods Corp. (NASDAQ:BSFC) was the recipient of a large increase in short interest in April. As of April 15th, there was short interest totalling 1,780,000 shares, an increase of 579.6% from the March 31st total of 261,900 shares. Based on an average daily volume of 5,220,000 shares, the short-interest ratio is presently 0.3 days. Currently, 5.5% of the shares of the stock are sold short.

Blue Star Foods Stock Performance

Shares of NASDAQ:BSFC traded down $0.00 during midday trading on Friday, reaching $0.06. 3,543,954 shares of the company’s stock traded hands, compared to its average volume of 4,475,886. The company has a fifty day simple moving average of $0.09 and a two-hundred day simple moving average of $0.13. The company has a current ratio of 1.28, a quick ratio of 0.47 and a debt-to-equity ratio of 0.19. Blue Star Foods has a 1 year low of $0.06 and a 1 year high of $2.70.

About Blue Star Foods

Blue Star Foods Corp., through its subsidiaries, operates as a marine protein company in the United States and Canada. The company imports, packages, and sells refrigerated pasteurized various crab meats sourced primarily from Southeast Asia; and other premium seafood products. It sells its products primarily to food service distributors, as well as wholesalers, retail establishments, and seafood distributors under the Blue Star, Pacifika, Oceanica, Crab & Go Premium Seafood, Lubkin, First Choice, Good Stuff, Coastal Pride Fresh, and Little Cedar Falls brands.