FutureFuel Corp. (NYSE:FF) Short Interest Update

FutureFuel Corp. (NYSE:FF) was the recipient of a large decrease in short interest in the month of July. As of July 31st, there was short interest totalling 357,500 shares, a decrease of 10.5% from the June 30th total of 399,400 shares. Approximately 1.4% of the shares of the company are short sold. Based on an average daily volume of 118,600 shares, the short-interest ratio is currently 3.0 days.

FutureFuel stock traded down $0.32 during mid-day trading on Wednesday, reaching $10.41. The company had a trading volume of 66,721 shares, compared to its average volume of 128,016. FutureFuel has a 52 week low of $10.22 and a 52 week high of $19.31. The stock’s 50 day simple moving average is $11.58. The stock has a market cap of $476.99 million, a price-to-earnings ratio of 23.72 and a beta of 1.94.

FutureFuel (NYSE:FF) last issued its quarterly earnings results on Friday, August 9th. The energy company reported $0.08 earnings per share for the quarter. The firm had revenue of $70.86 million during the quarter. FutureFuel had a net margin of 7.69% and a return on equity of 5.20%.

Separately, TheStreet downgraded shares of FutureFuel from a “b” rating to a “c+” rating in a report on Friday, May 10th.

In related news, Director Terrance C. Z. Egger purchased 2,895 shares of FutureFuel stock in a transaction on Wednesday, June 5th. The stock was purchased at an average cost of $10.33 per share, with a total value of $29,905.35. Following the acquisition, the director now directly owns 4,895 shares in the company, valued at $50,565.35. The acquisition was disclosed in a legal filing with the SEC, which is available at this link. 41.43% of the stock is owned by corporate insiders.

Several large investors have recently added to or reduced their stakes in FF. Geode Capital Management LLC lifted its position in shares of FutureFuel by 4.6% during the 4th quarter. Geode Capital Management LLC now owns 487,363 shares of the energy company’s stock valued at $7,729,000 after acquiring an additional 21,381 shares during the period. Principal Financial Group Inc. lifted its position in shares of FutureFuel by 0.5% during the 4th quarter. Principal Financial Group Inc. now owns 209,528 shares of the energy company’s stock valued at $3,323,000 after acquiring an additional 1,144 shares during the period. Bank of America Corp DE increased its stake in shares of FutureFuel by 44.0% during the 4th quarter. Bank of America Corp DE now owns 50,953 shares of the energy company’s stock worth $808,000 after purchasing an additional 15,561 shares in the last quarter. Metropolitan Life Insurance Co. NY increased its stake in shares of FutureFuel by 384.7% during the 4th quarter. Metropolitan Life Insurance Co. NY now owns 9,248 shares of the energy company’s stock worth $147,000 after purchasing an additional 7,340 shares in the last quarter. Finally, Dimensional Fund Advisors LP increased its stake in shares of FutureFuel by 3.3% during the 4th quarter. Dimensional Fund Advisors LP now owns 2,565,813 shares of the energy company’s stock worth $40,693,000 after purchasing an additional 81,366 shares in the last quarter. 48.38% of the stock is owned by institutional investors.

About FutureFuel

FutureFuel Corp., through its subsidiaries, manufactures and sells diversified chemical products, bio-based products, and bio-based specialty chemical products in the United States. It operates in two segments, Chemicals and Biofuels. The Chemicals segment manufactures and sells custom chemicals, including agrochemicals and intermediates, laundry detergent additives, biocides intermediates, specialty polymers, dyes, stabilizers, and chemicals intermediates; and chemicals used in consumer products consisting of cosmetics and personal care products, specialty polymers, and specialty products used in the fuels industry.

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