Short Interest in Fusion Fuel Green PLC (NASDAQ:HTOO) Expands By 5.7%

Fusion Fuel Green PLC (NASDAQ:HTOO) was the recipient of a large growth in short interest in the month of June. As of June 15th, there was short interest totalling 328,100 shares, a growth of 5.7% from the May 31st total of 310,300 shares. Based on an average daily volume of 94,700 shares, the short-interest ratio is currently 3.5 days.

Fusion Fuel Green Trading Up 0.7 %

NASDAQ HTOO traded up $0.01 during trading on Wednesday, hitting $0.84. The company’s stock had a trading volume of 57,664 shares, compared to its average volume of 816,423. Fusion Fuel Green has a fifty-two week low of $0.50 and a fifty-two week high of $4.65. The company has a debt-to-equity ratio of 3.65, a current ratio of 0.56 and a quick ratio of 0.38. The business’s 50 day simple moving average is $1.14 and its 200-day simple moving average is $1.29.

Analyst Ratings Changes

Separately, HC Wainwright reaffirmed a “buy” rating and issued a $3.50 price objective on shares of Fusion Fuel Green in a research report on Thursday, June 6th.

Fusion Fuel Green Company Profile

Fusion Fuel Green PLC focuses on the production of hydrogen in Portugal, Spain, and Morocco. The company intends to provide hydrogen generators to clients that operate their green hydrogen plants. It serves natural gas networks and grids, ammonia producers, oil refineries, regulators, and related government departments.