Fusion Fuel Green PLC (NASDAQ:HTOO) Sees Large Decline in Short Interest

Fusion Fuel Green PLC (NASDAQ:HTOO) was the target of a large drop in short interest during the month of April. As of April 30th, there was short interest totaling 35,025 shares, a drop of 38.1% from the April 15th total of 56,568 shares. Currently, 1.4% of the shares of the company are short sold. Based on an average trading volume of 33,487 shares, the days-to-cover ratio is presently 1.0 days.

Fusion Fuel Green Stock Down 1.7%

Shares of HTOO traded down $0.05 during trading hours on Monday, reaching $2.94. 15,320 shares of the stock traded hands, compared to its average volume of 139,395. Fusion Fuel Green has a 52-week low of $2.41 and a 52-week high of $13.61. The company’s 50-day moving average price is $3.01 and its two-hundred day moving average price is $3.50.

Fusion Fuel Green (NASDAQ:HTOO) last released its earnings results on Thursday, May 7th. The company reported ($0.68) earnings per share for the quarter, beating analysts’ consensus estimates of ($12.18) by $11.50. The firm had revenue of $4.37 million for the quarter, compared to analysts’ expectations of $3.54 million.

Analyst Ratings Changes

Separately, Weiss Ratings upgraded shares of Fusion Fuel Green from a “sell (e+)” rating to a “sell (d)” rating in a research note on Thursday. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company has an average rating of “Sell”.

Fusion Fuel Green Company Profile

Fusion Fuel Green PLC (NASDAQ:HTOO) is a renewable energy company focused on the development and commercialization of green hydrogen production technologies. The company specializes in solar-driven hydrogen generation, leveraging proprietary microelectrolyzer systems combined with concentrated solar power (CSP) to produce hydrogen with zero carbon emissions. Fusion Fuel’s ATHENA platform integrates advanced solar collectors, power electronics and modular electrolyzers to convert solar energy directly into green hydrogen, positioning the company as a provider of emission-free fuel solutions for industrial, transportation and utility applications.

At the core of Fusion Fuel’s offering is its scalable, containerized hydrogen production unit, which can be deployed in on-site or grid-connected installations.