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

Fusion Fuel Green PLC (NASDAQ:HTOO) saw a significant decline in short interest during the month of May. As of May 29th, there was short interest totaling 15,496 shares, a decline of 55.4% from the May 14th total of 34,775 shares. Based on an average trading volume of 32,556 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.6% of the company’s stock are sold short.

Fusion Fuel Green Stock Up 0.3%

Shares of NASDAQ:HTOO traded up $0.01 during trading on Friday, hitting $2.95. 12,176 shares of the company were exchanged, compared to its average volume of 27,998. Fusion Fuel Green has a 12-month low of $2.41 and a 12-month high of $12.63. The firm’s 50 day moving average price is $3.09 and its 200-day moving average price is $3.40.

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

Wall Street Analyst Weigh In

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, May 14th. One analyst has rated the stock with a Sell rating, According to MarketBeat, the company has a consensus rating of “Sell”.

About Fusion Fuel Green

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.