Blue Star Foods Corp. (NASDAQ:BSFC) Short Interest Down 45.1% in October

Blue Star Foods Corp. (NASDAQ:BSFC) was the recipient of a significant drop in short interest during the month of October. As of October 31st, there was short interest totalling 243,400 shares, a drop of 45.1% from the October 15th total of 443,300 shares. Based on an average daily volume of 1,440,000 shares, the short-interest ratio is currently 0.2 days. Approximately 5.2% of the company’s shares are short sold.

Blue Star Foods Stock Down 10.4 %

NASDAQ:BSFC traded down $0.03 during midday trading on Friday, reaching $0.26. 12,328,425 shares of the stock traded hands, compared to its average volume of 972,878. 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 company has a fifty day moving average of $0.51 and a 200 day moving average of $1.55. Blue Star Foods has a 12 month low of $0.25 and a 12 month high of $9.39.

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

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.