Fusion Fuel Green PLC (NASDAQ:HTOOW – Get Rating) was the recipient of a large growth in short interest in the month of January. As of January 31st, there was short interest totalling 24,600 shares, a growth of 20.6% from the January 15th total of 20,400 shares. Based on an average daily trading volume, of 12,800 shares, the days-to-cover ratio is presently 1.9 days.
Hedge Funds Weigh In On Fusion Fuel Green
A hedge fund recently raised its stake in Fusion Fuel Green stock. Premier Fund Managers Ltd increased its position in Fusion Fuel Green PLC (NASDAQ:HTOOW – Get Rating) by 5,800.0% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 885,000 shares of the company's stock after purchasing an additional 870,000 shares during the period. Fusion Fuel Green makes up approximately 1.8% of Premier Fund Managers Ltd's holdings, making the stock its 21st biggest position. Premier Fund Managers Ltd's holdings in Fusion Fuel Green were worth $46,869,000 at the end of the most recent reporting period.
Get Fusion Fuel Green alerts:Fusion Fuel Green Stock Performance
Fusion Fuel Green stock traded up $0.04 during mid-day trading on Wednesday, reaching $0.82. The stock had a trading volume of 2,950 shares, compared to its average volume of 4,440. The company has a 50-day moving average price of $0.98 and a two-hundred day moving average price of $1.23. Fusion Fuel Green has a one year low of $0.69 and a one year high of $3.39.
About Fusion Fuel Green
(Get Rating)
Fusion Fuel Green PLC focuses on the production of hydrogen in Portugal, Southern Europe, and Morocco. The company intends to provide hydrogen generators to clients that operate their own green hydrogen plants; green hydrogen as an output from green hydrogen plants; and operational and monitoring services of green hydrogen plants using fusion fuel hydrogen generators.
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