Fusion Fuel Green PLC (NASDAQ:HTOO) Short Interest Update
by Danessa Lincoln · The Markets DailyFusion Fuel Green PLC (NASDAQ:HTOO – Get Free Report) was the target of a large increase in short interest during the month of 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. Based on an average daily volume of 215,091 shares, the short-interest ratio is currently 0.1 days. Approximately 0.3% of the shares of the company are short sold.
Fusion Fuel Green Price Performance
Shares of NASDAQ:HTOO traded down $0.02 during trading hours on Tuesday, hitting $2.04. The stock had a trading volume of 3,191 shares, compared to its average volume of 90,348. The stock’s fifty day simple moving average is $2.33 and its 200 day simple moving average is $2.72. Fusion Fuel Green has a 1-year low of $1.80 and a 1-year high of $5.42.
Wall Street Analyst Weigh In
Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Fusion Fuel Green in a research report on Tuesday, August 11th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock presently has an average rating of “Sell”.
View Our Latest Analysis on HTOO
About Fusion Fuel Green
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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