ALTERNATIVE FUEL TECHNOLOGIES INC (OTCMKTS:AFTC) Sellers Increased By 352512.5% Their Shorts

April 17, 2018 - By Vivian Currie

The stock of ALTERNATIVE FUEL TECHNOLOGIES INC (OTCMKTS:AFTC) registered an increase of 352512.5% in short interest. AFTC’s total short interest was 2.82 million shares in April as published by FINRA. Its up 352512.5% from 800 shares, reported previously. With 52.96M shares average volume, it will take short sellers 0 days to cover their AFTC’s short positions.

The stock decreased 14.81% or $0.0004 during the last trading session, reaching $0.0023. About 9.17M shares traded or 78.62% up from the average. Alternative Fuel Technologies, Inc. (OTCMKTS:AFTC) has 0.00% since April 17, 2017 and is . It has underperformed by 11.55% the S&P500.

Alternative Fuel Technologies, Inc. engages in the design and development of dimethyl ether fuel injection equipment in the United States. The company has market cap of $142,303. The company's products include feed pump, a fuel system that includes a low pressure fuel transfer pump to move fuel from the tank to the fuel injection system; high pressure pump, a five plunger wobble plate design that acts as inlet throttled to control flow; common rail; and injector, a design system that uses a poppet type solenoid to control injection. It currently has negative earnings. It also provides commercial diesel common rail systems for the U.S. military applications.

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