BLUEFIRE RENEWABLES INC (OTCMKTS:BFRE) Stock Is Shorted Less

April 19, 2018 - By Nellie Frank

BlueFire Renewables, Inc. (OTCMKTS:BFRE) Logo

The stock of BLUEFIRE RENEWABLES INC (OTCMKTS:BFRE) registered a decrease of 70.08% in short interest. BFRE’s total short interest was 107,400 shares in April as published by FINRA. Its down 70.08% from 358,900 shares, reported previously.

The stock decreased 33.33% or $0.0001 during the last trading session, reaching $0.0002. About shares traded. BlueFire Renewables, Inc. (OTCMKTS:BFRE) has 0.00% since April 19, 2017 and is . It has underperformed by 11.55% 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 $99,936. 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.

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