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KREIDO BIOFUELS INC (OTCMKTS:KRBF) Sellers Covered 49.79% of Their Shorts
October 8, 2018 - By Ellis Scott

The stock of KREIDO BIOFUELS INC (OTCMKTS:KRBF) registered a decrease of 49.79% in short interest. KRBF’s total short interest was 23,800 shares in October as published by FINRA. Its down 49.79% from 47,400 shares, reported previously. With 243,700 shares average volume, it will take short sellers 0 days to cover their KRBF’s short positions.

The stock decreased 8.26% or $0.0019 during the last trading session, reaching $0.0211. About 200 shares traded. Kreido Biofuels, Inc. (OTCMKTS:KRBF) has 0.00% since October 8, 2017 and is . It has underperformed by 15.62% the S&P500.


Kreido Biofuels, Inc. does not have significant operations. The company has market cap of $4.13 million. The firm intends to seek opportunities to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It currently has negative earnings. Previously, it was involved in the development of biodiesel production plants.

Kreido