Fusion Fuel Green PLC (NASDAQ:HTOO) Sees Significant Growth in Short Interest

Fusion Fuel Green PLC (NASDAQ:HTOO) was the recipient of a large growth in short interest in the month of September. As of September 15th, there was short interest totaling 18,516 shares, a growth of 82.5% from the August 31st total of 10,148 shares. Based on an average trading volume of 215,091 shares, the short-interest ratio is presently 0.1 days. Approximately 0.3% of the shares of the company are short sold.

Fusion Fuel Green Stock Down 0.9%

Shares of HTOO stock traded down $0.02 on Thursday, hitting $2.11. 10,455 shares of the stock were exchanged, compared to its average volume of 89,451. Fusion Fuel Green has a one year low of $1.80 and a one year high of $5.42. The firm’s 50 day moving average is $2.30 and its two-hundred day moving average is $2.70.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Fusion Fuel Green in a report on Tuesday, August 11th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company has a consensus rating of “Sell”.

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.