Fusion Fuel Green PLC (NASDAQ:HTOO) Short Interest Down 38.1% in April

Fusion Fuel Green PLC (NASDAQ:HTOO) was the recipient of a large drop in short interest in 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. Approximately 1.4% of the company’s shares are short sold. Based on an average daily volume of 33,487 shares, the short-interest ratio is currently 1.0 days.

Fusion Fuel Green Stock Performance

Shares of NASDAQ:HTOO traded down $0.08 during mid-day trading on Tuesday, reaching $2.87. 2,994 shares of the company were exchanged, compared to its average volume of 137,938. The firm’s 50-day simple moving average is $3.00 and its 200 day simple moving average is $3.49. Fusion Fuel Green has a 1 year low of $2.41 and a 1 year high of $13.61.

Fusion Fuel Green (NASDAQ:HTOO) last issued its quarterly earnings results on Thursday, May 7th. The company reported ($0.68) EPS for the quarter, beating 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.

Wall Street Analysts Forecast Growth

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 analyst has rated the stock with a Sell rating, According to MarketBeat.com, Fusion Fuel Green currently has an average rating of “Sell”.

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.