FutureFuel Corp. (NYSE:FF) Short Interest Down 25.9% in August

Key Points

• FutureFuel Corp. (NYSE:FF) experienced a significant decline in short interest of 25.9% in August, with 553,300 shares shorted by August 31.
• The stock is currently trading at $3.98, showing a range between a 12-month low of $3.58 and a high of $6.39.
• FutureFuel reported a quarterly loss with an EPS of ($0.24) and a revenue of $35.67 million, indicating a negative net margin of 15.95%.

FutureFuel Corp. (NYSE:FF - Get Free Report) was the target of a large drop in short interest in August. As of August 31st, there was short interest totaling 553,300 shares, a drop of 25.9% from the August 15th total of 746,700 shares. Currently, 2.2% of the shares of the stock are sold short. Based on an average daily volume of 255,000 shares, the days-to-cover ratio is currently 2.2 days. Based on an average daily volume of 255,000 shares, the days-to-cover ratio is currently 2.2 days. Currently, 2.2% of the shares of the stock are sold short.

FutureFuel Stock Down 4.9%

NYSE:FF traded down $0.20 during mid-day trading on Friday, reaching $3.85. 339,666 shares of the company were exchanged, compared to its average volume of 186,685. FutureFuel has a 12 month low of $3.58 and a 12 month high of $6.39. The company has a fifty day moving average of $3.93 and a 200 day moving average of $4.02. The stock has a market cap of $168.64 million, a PE ratio of -6.31 and a beta of 0.62.

FutureFuel (NYSE:FF - Get Free Report) last issued its quarterly earnings data on Monday, August 11th. The energy company reported ($0.24) EPS for the quarter. The company had revenue of $35.67 million for the quarter. FutureFuel had a negative return on equity of 13.47% and a negative net margin of 15.95%.

Hedge Funds Weigh In On FutureFuel

Several institutional investors have recently modified their holdings of the stock. Nisa Investment Advisors LLC boosted its stake in FutureFuel by 740.5% during the 2nd quarter. Nisa Investment Advisors LLC now owns 9,800 shares of the energy company's stock worth $38,000 after acquiring an additional 8,634 shares during the last quarter. PNC Financial Services Group Inc. raised its holdings in FutureFuel by 527.1% during the 2nd quarter. PNC Financial Services Group Inc. now owns 9,990 shares of the energy company's stock worth $39,000 after buying an additional 8,397 shares during the period. D Orazio & Associates Inc. acquired a new stake in FutureFuel during the 1st quarter worth approximately $44,000. J.W. Cole Advisors Inc. acquired a new stake in shares of FutureFuel in the second quarter valued at approximately $55,000. Finally, Mosaic Family Wealth Partners LLC raised its holdings in shares of FutureFuel by 47.5% in the second quarter. Mosaic Family Wealth Partners LLC now owns 15,548 shares of the energy company's stock valued at $60,000 after purchasing an additional 5,009 shares during the last quarter. 44.56% of the stock is currently owned by institutional investors and hedge funds.

About FutureFuel

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.