Short Interest in Fusion Fuel Green PLC (NASDAQ:HTOO) Expands By 55.8%

Fusion Fuel Green PLC (NASDAQ:HTOO) was the recipient of a large growth in short interest during the month of September. As of September 15th, there was short interest totalling 248,400 shares, a growth of 55.8% from the August 31st total of 159,400 shares. Based on an average daily volume of 89,000 shares, the days-to-cover ratio is currently 2.8 days.

Analyst Ratings Changes

Separately, HC Wainwright restated a “buy” rating and set a $3.50 target price on shares of Fusion Fuel Green in a report on Thursday, June 6th.

Fusion Fuel Green Stock Up 5.7 %

Shares of HTOO stock opened at $0.53 on Friday. Fusion Fuel Green has a 52-week low of $0.48 and a 52-week high of $4.65. The firm’s 50-day moving average is $0.67 and its 200-day moving average is $1.03. The company has a quick ratio of 0.38, a current ratio of 0.56 and a debt-to-equity ratio of 3.65.

Institutional Trading of Fusion Fuel Green

A hedge fund recently bought a new stake in Fusion Fuel Green stock. Consolidated Portfolio Review Corp bought a new position in shares of Fusion Fuel Green PLC (NASDAQ:HTOO) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund bought 53,736 shares of the company’s stock, valued at approximately $47,000. Consolidated Portfolio Review Corp owned about 0.36% of Fusion Fuel Green at the end of the most recent quarter. Institutional investors own 17.82% of the company’s stock.

About Fusion Fuel Green

Fusion Fuel Green PLC, together with its subsidiaries, manufactures and sells miniaturized PEM electrolyzers to produce green hydrogen in Portugal, Spain, and rest of southern Europe. The company offers HEVO-Chain, a centralized PEM electrolyzer; and HEVO-Solar, a grid-independent hydrogen generator.