US Geothermal Inc (NYSEAMERICAN:HTM) saw a large drop in short interest during the month of December. As of December 29th, there was short interest totalling 42,502 shares, a drop of 63.1% from the December 15th total of 115,159 shares. Approximately 0.3% of the shares of the company are short sold. Based on an average daily volume of 107,689 shares, the short-interest ratio is currently 0.4 days.

Several large investors have recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP lifted its holdings in shares of US Geothermal by 175.1% during the 3rd quarter. Dimensional Fund Advisors LP now owns 71,160 shares of the energy company’s stock worth $284,000 after acquiring an additional 45,289 shares during the period. Bank of New York Mellon Corp lifted its holdings in shares of US Geothermal by 69.4% during the 2nd quarter. Bank of New York Mellon Corp now owns 35,186 shares of the energy company’s stock worth $161,000 after acquiring an additional 14,411 shares during the period. Finally, Northern Trust Corp lifted its holdings in shares of US Geothermal by 1.2% during the 2nd quarter. Northern Trust Corp now owns 33,281 shares of the energy company’s stock worth $153,000 after acquiring an additional 392 shares during the period.

A number of equities analysts have recently commented on HTM shares. Roth Capital set a $5.00 price objective on shares of US Geothermal and gave the stock a “buy” rating in a report on Thursday, November 16th. Zacks Investment Research downgraded shares of US Geothermal from a “hold” rating to a “sell” rating in a report on Monday, November 20th. Finally, TheStreet downgraded shares of US Geothermal from a “c-” rating to a “d” rating in a report on Wednesday, December 13th. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus target price of $5.67.

US Geothermal (NYSEAMERICAN HTM) opened at $3.92 on Friday. The company has a market cap of $75.56, a PE ratio of -65.33 and a beta of -0.04. US Geothermal has a 1-year low of $3.11 and a 1-year high of $4.94.

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About US Geothermal

U.S. Geothermal Inc is engaged in the renewable green energy business. The Company, through its subsidiary U.S. Geothermal Inc (Geo-Idaho), is engaged in the acquisition, development and utilization of geothermal resources in the Western United States and the Republic of Guatemala. It operates through two segments: Operating Plants, and Corporate and Development.

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