Agrofresh Solutions Incorporated (NASDAQ:AGFS) Shorted Shares Increased By 3.47%

The stock of Agrofresh Solutions Incorporated (NASDAQ:AGFS) registered an increase of 3.47% in short interest. AGFS’s total short interest was 1.45M shares in March as published by FINRA. Its up 3.47% from 1.40M shares, reported previously. With 126,500 shares average volume, it will take short sellers 11 days to cover their AGFS’s short positions. The short interest to Agrofresh Solutions Incorporated’s float is 5.39%. The stock decreased 1.38% or $0.07 on March 8, hitting $5. AgroFresh Solutions Inc (NASDAQ:AGFS) has declined 58.33% since August 3, 2015 and is downtrending. It has underperformed by 52.67% the S&P500.

AgroFresh Solutions, Inc., formerly Boulevard Acquisition Corp., is engaged in providing specialty chemical solutions. The company has a market cap of $253.20 million. The Company’s flagship product is the SmartFresh Quality System. It currently has negative earnings. The Company’s SmartFreshSM Quality System is a freshness protection technology that is used to maintain firmness, texture and appearance of fruits during storage and transport.

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