FutureFuel Corp. (NYSE:FF) Sees Large Increase in Short Interest

FutureFuel Corp. (NYSE:FF) saw a large growth in short interest in the month of March. As of March 31st, there was short interest totalling 672,200 shares, a growth of 43.1% from the March 15th total of 469,900 shares. Currently, 2.7% of the company’s shares are short sold. Based on an average daily volume of 300,600 shares, the days-to-cover ratio is presently 2.2 days.

FutureFuel Stock Up 0.4 %

NYSE:FF traded up $0.02 during trading hours on Friday, hitting $3.96. 279,958 shares of the company traded hands, compared to its average volume of 349,190. The company has a market cap of $173.24 million, a PE ratio of 4.82 and a beta of 0.79. The firm’s 50-day simple moving average is $4.30 and its 200-day simple moving average is $5.07. FutureFuel has a one year low of $3.77 and a one year high of $6.40.

FutureFuel (NYSE:FF) last released its quarterly earnings results on Friday, March 28th. The energy company reported $0.06 earnings per share for the quarter. FutureFuel had a net margin of 13.18% and a return on equity of 15.32%. The company had revenue of $61.51 million for the quarter.

Insider Activity

In other news, Director Richard P. Rowe acquired 15,000 shares of the firm’s stock in a transaction dated Thursday, April 3rd. The stock was purchased at an average price of $3.95 per share, for a total transaction of $59,250.00. Following the completion of the acquisition, the director now directly owns 20,000 shares in the company, valued at $79,000. The trade was a 300.00 % increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this link. 41.10% of the stock is owned by company insiders.

Hedge Funds Weigh In On FutureFuel

A number of hedge funds and other institutional investors have recently modified their holdings of FF. D Orazio & Associates Inc. bought a new stake in FutureFuel during the first quarter worth $44,000. Price T Rowe Associates Inc. MD purchased a new stake in shares of FutureFuel during the 4th quarter valued at $54,000. Intech Investment Management LLC bought a new stake in shares of FutureFuel during the 4th quarter worth $63,000. SG Americas Securities LLC boosted its holdings in shares of FutureFuel by 28.8% in the 4th quarter. SG Americas Securities LLC now owns 12,990 shares of the energy company’s stock worth $69,000 after buying an additional 2,904 shares during the last quarter. Finally, XTX Topco Ltd bought a new position in FutureFuel during the third quarter valued at about $82,000. Hedge funds and other institutional investors own 44.56% of the company’s stock.

FutureFuel Company Profile

FutureFuel Corp., together with its subsidiaries, manufactures and sells diversified chemical, bio-based fuel, and bio-based specialty chemical products in the United States. The company operates through two segments, Chemicals and Biofuels. The Chemicals segment provides various custom chemicals that are used in the coatings, chemical intermediates, industrial and consumer cleaning, oil and gas, and specialty polymers industries; and performance chemicals, such as polymer modifiers, glycerin products, and various specialty chemicals and solvents.