Fusion Fuel Green PLC (NASDAQ:HTOO) Short Interest Update

Fusion Fuel Green PLC (NASDAQ:HTOO) was the target of a significant decrease in short interest during the month of May. As of May 29th, there was short interest totaling 15,496 shares, a decrease of 55.4% from the May 14th total of 34,775 shares. Approximately 0.6% of the company’s shares are short sold. Based on an average daily volume of 32,556 shares, the days-to-cover ratio is currently 0.5 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, Based on data from MarketBeat.com, the stock presently has an average rating of “Sell”.

Fusion Fuel Green Stock Up 0.3%

Shares of NASDAQ:HTOO traded up $0.01 during mid-day trading on Friday, reaching $2.95. 12,176 shares of the stock were exchanged, compared to its average volume of 26,314. Fusion Fuel Green has a one year low of $2.41 and a one year high of $12.63. The stock’s 50 day simple moving average is $3.09 and its 200-day simple moving average is $3.40.

Fusion Fuel Green (NASDAQ:HTOO) last posted its quarterly earnings data 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 firm had revenue of $4.37 million for the quarter, compared to the consensus estimate 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.