FutureFuel Corp. (NYSE:FF - Get Free Report) was the target of a large growth in short interest in the month of March. As of March 31st, there was short interest totalling 672,200 shares, a growth of 43.1% from the March 15th total of 469,900 shares. Approximately 2.7% of the shares of the company are sold short. Based on an average daily volume of 300,600 shares, the days-to-cover ratio is currently 2.2 days.
FutureFuel Stock Up 0.5 %
Shares of NYSE:FF traded up $0.02 during trading on Wednesday, reaching $4.02. 57,232 shares of the company traded hands, compared to its average volume of 345,544. The company's 50 day moving average is $4.27 and its two-hundred day moving average is $5.04. The firm has a market capitalization of $176.09 million, a PE ratio of 4.90 and a beta of 0.79. FutureFuel has a 52 week low of $3.77 and a 52 week high of $6.40.
FutureFuel (NYSE:FF - Get Free Report) last announced its quarterly earnings data on Friday, March 28th. The energy company reported $0.06 earnings per share for the quarter. FutureFuel had a return on equity of 15.32% and a net margin of 13.18%. The business had revenue of $61.51 million during the quarter.
Insider Activity at FutureFuel
In related news, Director Richard P. Rowe bought 15,000 shares of the business's stock in a transaction dated Thursday, April 3rd. The stock was purchased at an average cost of $3.95 per share, for a total transaction of $59,250.00. Following the transaction, the director now owns 20,000 shares in the company, valued at $79,000. The trade was a 300.00 % increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 41.10% of the stock is currently owned by corporate insiders.
Institutional Trading of FutureFuel
Institutional investors and hedge funds have recently modified their holdings of the business. Dimensional Fund Advisors LP grew its holdings in FutureFuel by 8.3% during the 4th quarter. Dimensional Fund Advisors LP now owns 2,218,292 shares of the energy company's stock worth $11,735,000 after acquiring an additional 169,438 shares during the last quarter. Renaissance Technologies LLC lifted its position in shares of FutureFuel by 4.8% in the 4th quarter. Renaissance Technologies LLC now owns 1,819,890 shares of the energy company's stock worth $9,627,000 after purchasing an additional 83,567 shares during the period. AQR Capital Management LLC lifted its position in shares of FutureFuel by 7.5% during the 4th quarter. AQR Capital Management LLC now owns 1,522,751 shares of the energy company's stock valued at $8,055,000 after acquiring an additional 106,830 shares during the period. Gate City Capital Management LLC acquired a new position in shares of FutureFuel during the 4th quarter valued at $4,507,000. Finally, Geode Capital Management LLC lifted its position in shares of FutureFuel by 19.1% during the 3rd quarter. Geode Capital Management LLC now owns 800,995 shares of the energy company's stock valued at $4,607,000 after acquiring an additional 128,655 shares during the period. 44.56% of the stock is currently owned by institutional investors.
FutureFuel Company Profile
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Get Free Report)
FutureFuel Corp., together with its subsidiaries, manufactures and sells diversified chemical, bio-based fuel, and bio-based specialty chemical products in the United States. The company operates through two segments, Chemicals and Biofuels. The Chemicals segment provides various custom chemicals that are used in the coatings, chemical intermediates, industrial and consumer cleaning, oil and gas, and specialty polymers industries; and performance chemicals, such as polymer modifiers, glycerin products, and various specialty chemicals and solvents.
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