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

Fusion Fuel Green PLC (NASDAQ:HTOO) saw a significant increase in short interest during the month of October. As of October 15th, there was short interest totalling 295,500 shares, an increase of 25.5% from the September 30th total of 235,500 shares. Based on an average daily trading volume, of 145,800 shares, the short-interest ratio is currently 2.0 days.

Institutional Investors Weigh In On Fusion Fuel Green

An institutional investor recently bought a new position in Fusion Fuel Green stock. Consolidated Portfolio Review Corp purchased a new stake in Fusion Fuel Green PLC (NASDAQ:HTOO) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 53,736 shares of the company’s stock, valued at approximately $47,000. Consolidated Portfolio Review Corp owned 0.36% of Fusion Fuel Green as of its most recent filing with the Securities and Exchange Commission (SEC). 17.82% of the stock is owned by hedge funds and other institutional investors.

Fusion Fuel Green Price Performance

HTOO stock traded up $0.01 during trading on Wednesday, hitting $0.66. 6,671 shares of the company’s stock traded hands, compared to its average volume of 548,001. The business has a fifty day simple moving average of $0.59 and a 200 day simple moving average of $0.87. Fusion Fuel Green has a 52 week low of $0.46 and a 52 week high of $4.65.

About Fusion Fuel Green

Fusion Fuel Green PLC, together with its subsidiaries, manufactures and sells miniaturized PEM electrolyzers to produce green hydrogen in Portugal, Spain, and rest of southern Europe. The company offers HEVO-Chain, a centralized PEM electrolyzer; and HEVO-Solar, a grid-independent hydrogen generator.