FuelPositive Corporation (OTCMKTS:NHHHF) Sees Large Drop in Short Interest

FuelPositive Corporation (OTCMKTS:NHHHF) was the target of a significant decline in short interest in October. As of October 30th, there was short interest totaling 109,981 shares, a decline of 73.1% from the October 15th total of 408,246 shares. Based on an average daily volume of 680,936 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.0% of the shares of the stock are sold short.

FuelPositive Stock Down 7.0%

Shares of NHHHF traded down $0.00 during trading hours on Friday, reaching $0.04. 262,874 shares of the stock traded hands, compared to its average volume of 321,345. FuelPositive has a 52-week low of $0.02 and a 52-week high of $0.06. The company’s 50-day moving average price is $0.05 and its two-hundred day moving average price is $0.04.

About FuelPositive

FuelPositive Corporation is a Canadian cleantech company that develops decentralized systems for producing green ammonia. Its technology is designed to use air, water and renewable electricity to produce ammonia locally, offering an alternative to conventionally manufactured ammonia, which is typically produced using fossil fuels. The company’s modular systems are intended for applications including agricultural fertilizer, zero-emission fuel and energy storage. By enabling on-site ammonia production, FuelPositive aims to support farms and other customers seeking to reduce transportation requirements, reliance on centralized supply chains and the carbon intensity associated with traditional ammonia production.