What’s Next for Blue Apron Holdings Inc Class A (NYSE:APRN) After Having More Shares Shorted?

May 16, 2018 - By Ellis Scott

The stock of Blue Apron Holdings Inc Class A (NYSE:APRN) registered an increase of 2.6% in short interest. APRN’s total short interest was 14.70M shares in May as published by FINRA. Its up 2.6% from 14.33M shares, reported previously. With 3.26M shares average volume, it will take short sellers 5 days to cover their APRN’s short positions. The short interest to Blue Apron Holdings Inc Class A’s float is 51.19%.

The stock increased 1.57% or $0.04 during the last trading session, reaching $2.59. About 1.04 million shares traded. Blue Apron Holdings, Inc. (NYSE:APRN) has 0.00% since May 16, 2017 and is . It has underperformed by 11.55% 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 $496.68 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.

More recent Blue Apron Holdings, Inc. (NYSE:APRN) news were published by: 247Wallst.com which released: “Blue Apron Bites Back With Earnings” on May 03, 2018. Also Fool.com published the news titled: “Why Shares of Blue Apron Holdings Jumped 11% Today” on May 08, 2018. Nasdaq.com‘s news article titled: “3 Reasons Why Starbucks Should Buy Blue Apron” with publication date: May 16, 2018 was also an interesting one.

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

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