Fusion Fuel Green PLC (NASDAQ:HTOO) Short Interest Down 49.0% in June

Fusion Fuel Green PLC (NASDAQ:HTOO) was the target of a large decline in short interest in June. As of June 15th, there was short interest totaling 7,907 shares, a decline of 49.0% from the May 31st total of 15,496 shares. Currently, 0.3% of the shares of the stock are short sold. Based on an average trading volume of 21,779 shares, the days-to-cover ratio is currently 0.4 days.

Analysts Set New Price Targets

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

Fusion Fuel Green Price Performance

NASDAQ HTOO traded up $0.04 during trading hours on Wednesday, reaching $2.69. The company’s stock had a trading volume of 5,280 shares, compared to its average volume of 110,799. Fusion Fuel Green has a fifty-two week low of $2.41 and a fifty-two week high of $12.63. The company’s 50-day moving average is $3.06 and its two-hundred day moving average is $3.32.

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

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.