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

Fusion Fuel Green PLC (NASDAQ:HTOO) was the target of a large drop in short interest during the month of April. As of April 30th, there was short interest totaling 35,025 shares, a drop of 38.1% from the April 15th total of 56,568 shares. Based on an average trading volume of 33,487 shares, the days-to-cover ratio is currently 1.0 days. Approximately 1.4% of the company’s shares are short sold.

Analyst Ratings Changes

Separately, Weiss Ratings raised shares of Fusion Fuel Green from a “sell (e+)” rating to a “sell (d)” rating in a research report on Thursday. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company currently has an average rating of “Sell”.

Fusion Fuel Green Stock Down 0.7%

Shares of HTOO stock traded down $0.02 during trading on Friday, hitting $2.99. 45,551 shares of the stock traded hands, compared to its average volume of 50,675. Fusion Fuel Green has a 52-week low of $2.41 and a 52-week high of $13.61. The firm’s fifty day moving average price is $3.01 and its 200-day moving average price is $3.51.

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 business had revenue of $4.37 million during the quarter, compared to analysts’ expectations of $3.54 million.

Fusion Fuel Green Company Profile

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.