Borregaard ASA·Basic Materials

Borregaard ASA (BRGAY) Discusses Outlook for BioSolutions and BioMaterials, Market Trends, and Volume Expectations Transcript

Borregaard ASA (OTCMKTS:BRRDF - Get Free Report) saw a large increase in short interest in February. As of February 13th, there was short interest totaling 101,647 shares, an increase of 27.3% from the January 29th total of 79,857 shares. Based on an average daily trading volume, of 207 shares, the days-to-cover ratio is currently 491.0
Borregaard ASA develops, produces, and markets specialized biomaterials, biochemicals, and biofuels in Norway, rest of Europe, the United States, Asia, and internationally. It operates through three segments: BioSolutions, BioMaterials, and Fine Chemicals. The BioSolutions segment provides biopolymers for a range of applications, such as agrochemicals, batteries, industrial binders, and construction; and biovanillin for flavor and fragrance companies, as well as for food and beverage industry. The BioMaterials segment offers specialty cellulose for use as a raw material in the production of cellulose ethers, cellulose acetate, and other specialty products; and cellulose fibrils for industrial applications. The Fine Chemicals segment provides fine chemical intermediates for contrast agents; and bioethanol. Borregaard ASA was incorporated in 2012 and is headquartered in Sarpsborg, Norway.
Basic Materials
Chemicals - Specialty
1,174
2018-03-14
0.59