Short Interest in Blue Star Foods Corp. (NASDAQ:BSFC) Grows By 425.2%

Blue Star Foods Corp. (NASDAQ:BSFC) was the recipient of a large growth in short interest during the month of October. As of October 15th, there was short interest totalling 443,300 shares, a growth of 425.2% from the September 30th total of 84,400 shares. Currently, 18.9% of the shares of the stock are sold short. Based on an average daily volume of 1,030,000 shares, the short-interest ratio is currently 0.4 days.

Blue Star Foods Trading Down 26.0 %

Shares of NASDAQ BSFC traded down $0.13 during trading on Friday, reaching $0.38. The company had a trading volume of 3,400,379 shares, compared to its average volume of 856,280. Blue Star Foods has a 52 week low of $0.34 and a 52 week high of $10.40. The company has a current ratio of 1.78, a quick ratio of 0.97 and a debt-to-equity ratio of 0.04. The business’s 50 day moving average price is $0.75 and its 200-day moving average price is $1.89.

Blue Star Foods (NASDAQ:BSFC) last released its quarterly earnings results on Wednesday, August 14th. The company reported ($1.52) earnings per share for the quarter. The company had revenue of $1.78 million during the quarter. Blue Star Foods had a negative net margin of 60.59% and a negative return on equity of 204.29%.

Blue Star Foods Company Profile

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 crab meats 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, Oceanica, Pacifika, Crab & Go, Lubkin's Coastal Pride, First Choice, Good Stuff, Coastal Pride Fresh, TOBC, and Little Cedar Farms brands.