Short Interest in Fusion Fuel Green PLC (NASDAQ:HTOO) Declines By 20.8%

Fusion Fuel Green PLC (NASDAQ:HTOO) was the recipient of a significant drop in short interest in the month of October. As of October 31st, there was short interest totalling 234,000 shares, a drop of 20.8% from the October 15th total of 295,500 shares. Based on an average trading volume of 160,100 shares, the short-interest ratio is presently 1.5 days.

Fusion Fuel Green Stock Down 24.0 %

HTOO stock traded down $0.12 during trading on Friday, hitting $0.39. 639,853 shares of the company traded hands, compared to its average volume of 560,044. Fusion Fuel Green has a 1 year low of $0.32 and a 1 year high of $4.65. The stock’s 50-day simple moving average is $0.58 and its 200 day simple moving average is $0.82.

Institutional Trading of Fusion Fuel Green

A hedge fund recently bought a new stake in Fusion Fuel Green stock. Consolidated Portfolio Review Corp purchased a new stake in shares of Fusion Fuel Green PLC (NASDAQ:HTOO) during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 53,736 shares of the company’s stock, valued at approximately $47,000. Consolidated Portfolio Review Corp owned about 0.36% of Fusion Fuel Green at the end of the most recent quarter. 17.82% of the stock is owned by institutional investors and hedge funds.

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.