What Next for Blue Apron Holdings Inc Class A (NYSE:APRN) Stock After Decrease in Shorted Shares?

September 16, 2018 - By Adrian Mccoy

The stock of Blue Apron Holdings Inc Class A (NYSE:APRN) registered a decrease of 11.2% in short interest. APRN’s total short interest was 17.31M shares in September as published by FINRA. Its down 11.2% from 19.49M shares, reported previously. With 1.87M shares average volume, it will take short sellers 9 days to cover their APRN’s short positions.

The stock decreased 2.14% or $0.04 during the last trading session, reaching $1.83. About 2.67M shares traded. Blue Apron Holdings, Inc. (NYSE:APRN) has declined 65.92% since September 16, 2017 and is downtrending. It has underperformed by 81.54% the S&P500.

Blue Apron Holdings, Inc. operates an e-commerce marketplace that delivers original recipes and fresh ingredients for making home cooking accessible. The company has market cap of $352.28 million. It provides original recipes with the pre-portioned ingredients to complement tastes and lifestyles of college graduates, young couples, families, singles, and empty nesters. It currently has negative earnings. The firm also offers Blue Apron Wine, a direct-to-consumer wine delivery service that sells wines, which can be paired with its meals; and sells beef, poultry, and lamb products under the BN Ranch brand name.

Another recent and important Blue Apron Holdings, Inc. (NYSE:APRN) news was published by Fool.com which published an article titled: “Target Takes Meal Kits to the Next Level” on September 05, 2018.

Blue Apron Holdings, Inc. (NYSE:APRN) Ratings Chart

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


Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter: