FutureFuel Corp. (NYSE:FF) Short Interest Up 11.0% in September

FutureFuel Corp. (NYSE:FF) was the target of a large increase in short interest in the month of September. As of September 30th, there was short interest totalling 920,900 shares, an increase of 11.0% from the September 15th total of 829,500 shares. Approximately 3.6% of the company’s shares are short sold. Based on an average daily trading volume, of 339,900 shares, the short-interest ratio is currently 2.7 days.

FutureFuel Trading Down 1.9 %

FutureFuel stock opened at $6.17 on Tuesday. The firm has a market capitalization of $270.02 million, a P/E ratio of 13.41 and a beta of 0.62. The stock’s fifty day simple moving average is $5.81 and its 200-day simple moving average is $5.52. FutureFuel has a twelve month low of $4.15 and a twelve month high of $8.36.

FutureFuel (NYSE:FF) last announced its quarterly earnings data on Friday, August 9th. The energy company reported $0.22 EPS for the quarter. FutureFuel had a return on equity of 15.62% and a net margin of 11.80%. The business had revenue of $72.41 million during the quarter.

Insider Activity

In related news, Director Paul Manheim acquired 6,000 shares of FutureFuel stock in a transaction that occurred on Thursday, August 15th. The shares were purchased at an average cost of $6.10 per share, for a total transaction of $36,600.00. Following the acquisition, the director now owns 19,103 shares in the company, valued at approximately $116,528.30. This represents a 0.00 % increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Corporate insiders own 40.90% of the company’s stock.

Institutional Investors Weigh In On FutureFuel

Several institutional investors have recently modified their holdings of FF. nVerses Capital LLC acquired a new stake in shares of FutureFuel during the 2nd quarter worth about $26,000. PNC Financial Services Group Inc. increased its stake in FutureFuel by 821.9% in the fourth quarter. PNC Financial Services Group Inc. now owns 6,029 shares of the energy company’s stock valued at $37,000 after purchasing an additional 5,375 shares during the last quarter. SG Americas Securities LLC acquired a new stake in FutureFuel during the third quarter worth approximately $58,000. Pallas Capital Advisors LLC purchased a new stake in shares of FutureFuel during the 2nd quarter worth approximately $63,000. Finally, EntryPoint Capital LLC acquired a new position in shares of FutureFuel in the 1st quarter valued at $83,000. 44.56% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Separately, StockNews.com raised FutureFuel from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, October 8th.

About FutureFuel

FutureFuel Corp., together with its subsidiaries, manufactures and sells diversified chemical, bio-based fuel, and bio-based specialty chemical products in the United States. The company operates through two segments, Chemicals and Biofuels. The Chemicals segment provides various custom chemicals that are used in the coatings, chemical intermediates, industrial and consumer cleaning, oil and gas, and specialty polymers industries; and performance chemicals, such as polymer modifiers, glycerin products, and various specialty chemicals and solvents.