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

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

Fusion Fuel Green Trading Down 1.0%

HTOO stock traded down $0.03 during midday trading on Monday, reaching $2.92. 13,577 shares of the company’s stock traded hands, compared to its average volume of 120,588. The company has a 50-day simple moving average of $3.09 and a two-hundred day simple moving average of $3.40. Fusion Fuel Green has a 1-year low of $2.41 and a 1-year high of $12.63.

Fusion Fuel Green (NASDAQ:HTOO) last posted its quarterly earnings data on Thursday, May 7th. The company reported ($0.68) EPS for the quarter, topping analysts’ consensus estimates of ($12.18) by $11.50. The business had revenue of $4.37 million during the quarter, compared to analyst estimates of $3.54 million.

Analyst Ratings Changes

Separately, Weiss Ratings raised shares of Fusion Fuel Green from a “sell (e+)” rating to a “sell (d)” rating in a report on Thursday, May 14th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, 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.