Fusion Fuel Green PLC (NASDAQ:HTOO – Get Free Report) was the target of a large increase in short interest in September. As of September 15th, there was short interest totaling 18,516 shares, an increase of 82.5% from the August 31st total of 10,148 shares. Currently, 0.3% of the company’s stock are sold short. Based on an average daily volume of 215,091 shares, the days-to-cover ratio is currently 0.1 days.
Fusion Fuel Green Stock Performance
Fusion Fuel Green stock traded down $0.02 during mid-day trading on Tuesday, reaching $2.04. The company’s stock had a trading volume of 3,191 shares, compared to its average volume of 90,348. Fusion Fuel Green has a twelve month low of $1.80 and a twelve month high of $5.42. The business has a 50 day moving average price of $2.33 and a 200-day moving average price of $2.72.
Wall Street Analyst Weigh In
Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of Fusion Fuel Green in a research note on Tuesday, August 11th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Fusion Fuel Green currently has an average rating of “Sell”.
Fusion Fuel Green Company Profile
Fusion Fuel Green plc (NASDAQ: HTOO) is a green hydrogen technology and project-development company. The company focuses on producing hydrogen using renewable energy and on supplying the equipment and systems needed for low-carbon hydrogen production.
Fusion Fuel’s principal technology is the HEVO electrolyzer, a modular system designed to use electricity from renewable sources to split water into hydrogen and oxygen. The company has also developed integrated solar-to-hydrogen solutions intended to combine photovoltaic power generation with electrolyzer systems, supporting decentralized hydrogen production.
In addition to developing and manufacturing hydrogen equipment, Fusion Fuel has pursued green hydrogen projects and partnerships in Portugal, Spain, Morocco and other markets.
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