It Seems Agrofresh Solutions Inc (NASDAQ:AGFS) Will Go Down. Just Reported More Shorted Shares

AgroFresh Solutions, Inc. (NASDAQ:AGFS) Logo

The stock of Agrofresh Solutions Inc (NASDAQ:AGFS) registered an increase of 8.8% in short interest. AGFS’s total short interest was 3.31M shares in September as published by FINRA. Its up 8.8% from 3.04M shares, reported previously. With 243,900 shares average volume, it will take short sellers 14 days to cover their AGFS’s short positions. The short interest to Agrofresh Solutions Inc’s float is 6.74%.

The stock decreased 4.27% or $0.09 during the last trading session, reaching $2.02. About 247,242 shares traded. AgroFresh Solutions, Inc. (NASDAQ:AGFS) has declined 78.50% since September 12, 2018 and is downtrending. It has underperformed by 78.50% the S&P500.

AgroFresh Solutions, Inc. provides data-driven specialty solutions worldwide. The company has market cap of $103.91 million. The firm uses 1-Methylcyclopropene technology, an ethylene action inhibitor to maintain freshness and extend the shelf life of various fresh produce. It currently has negative earnings. The Company’s solutions enable growers and packers of fresh produce to preserve and enhance the freshness, quality, and value of fresh produce, including apples, pears, kiwifruit, avocados, and bananas, as well as flowers.

More notable recent AgroFresh Solutions, Inc. (NASDAQ:AGFS) news were published by: Prnewswire.com which released: “AgroFresh Strengthens Commitment to Environmental Sustainability – PRNewswire” on June 20, 2019, also Seekingalpha.com with their article: “AgroFresh Solutions, Inc. 2018 Q2 – Results – Earnings Call Slides – Seeking Alpha” published on August 09, 2018, Seekingalpha.com published: “AgroFresh Solutions, Inc. 2019 Q1 – Results – Earnings Call Slides – Seeking Alpha” on May 09, 2019. More interesting news about AgroFresh Solutions, Inc. (NASDAQ:AGFS) were released by: Seekingalpha.com and their article: “AgroFresh Solutions, Inc. (AGFS) CEO Jordi Ferre on Q1 2019 Results – Earnings Call Transcript – Seeking Alpha” published on May 13, 2019 as well as Finance.Yahoo.com‘s news article titled: “Need To Know: AgroFresh Solutions, Inc. (NASDAQ:AGFS) Insiders Have Been Buying Shares – Yahoo Finance” with publication date: June 14, 2019.

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