Does BLUEFIRE RENEWABLES (OTCMKTS:BFRE) Have Gas After Even More Sellers Involved?

January 13, 2018 - By Maria Brooks

The stock of BLUEFIRE RENEWABLES (OTCMKTS:BFRE) registered an increase of 28.55% in short interest. BFRE’s total short interest was 453,400 shares in January as published by FINRA. Its up 28.55% from 352,700 shares, reported previously.

The stock decreased 25.00% or $0.0001 during the last trading session, reaching $0.0003. About 8.18 million shares traded or 65.18% up from the average. BlueFire Renewables, Inc. (OTCMKTS:BFRE) has 0.00% since January 13, 2017 and is . It has underperformed by 16.70% the S&P500.

BlueFire Renewables, Inc. focuses on developing, owning, and operating carbohydrate transportation fuel plants or bio-refineries to produce ethanol in North America. The company has market cap of $149,904. The Company’s bio-refineries would convert organic materials, such as agricultural residues, high-content biomass crops, wood residues, and cellulose from municipal solid wastes into ethanol. It currently has negative earnings. The firm has a technology license agreement with Arkenol, Inc. to use and sub-license the Arkenol technology that converts cellulose and waste materials into ethanol and other high value chemicals.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.