FutureFuel Corp. (NYSE:FF) Short Interest Down 6.8% in May

FutureFuel Corp. (NYSE:FF - Get Free Report) was the target of a significant decrease in short interest in the month of May. As of May 31st, there was short interest totalling 891,300 shares, a decrease of 6.8% from the May 15th total of 956,100 shares. Based on an average daily volume of 707,900 shares, the days-to-cover ratio is presently 1.3 days. Approximately 3.5% of the shares of the stock are sold short.

Insiders Place Their Bets

In other news, Director Ronald J. Kruszewski acquired 8,544 shares of the stock in a transaction on Tuesday, June 11th. The stock was acquired at an average cost of $4.50 per share, for a total transaction of $38,448.00. Following the completion of the transaction, the director now directly owns 8,544 shares in the company, valued at $38,448. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. In related news, Director Ronald J. Kruszewski bought 8,544 shares of the company's stock in a transaction dated Tuesday, June 11th. The stock was purchased at an average price of $4.50 per share, with a total value of $38,448.00. Following the completion of the acquisition, the director now owns 8,544 shares of the company's stock, valued at $38,448. The purchase was disclosed in a document filed with the SEC, which is available through this link. Also, Director Ronald J. Kruszewski purchased 50,358 shares of the firm's stock in a transaction that occurred on Thursday, June 13th. The shares were bought at an average cost of $4.60 per share, for a total transaction of $231,646.80. Following the completion of the acquisition, the director now directly owns 100,000 shares in the company, valued at approximately $460,000. The disclosure for this purchase can be found here. Insiders have bought 95,302 shares of company stock worth $429,149 over the last ninety days. Corporate insiders own 40.90% of the company's stock.

Institutional Investors Weigh In On FutureFuel

A number of hedge funds have recently added to or reduced their stakes in FF. AQR Capital Management LLC boosted its stake in FutureFuel by 64.3% during the 3rd quarter. AQR Capital Management LLC now owns 741,016 shares of the energy company's stock valued at $5,313,000 after purchasing an additional 289,889 shares during the last quarter. Quadrature Capital Ltd purchased a new stake in FutureFuel in the 3rd quarter valued at $236,000. Aigen Investment Management LP bought a new position in FutureFuel during the 4th quarter valued at $173,000. SG Americas Securities LLC boosted its holdings in FutureFuel by 21.2% during the 4th quarter. SG Americas Securities LLC now owns 15,379 shares of the energy company's stock worth $94,000 after acquiring an additional 2,688 shares during the last quarter. Finally, Dynamic Technology Lab Private Ltd bought a new stake in shares of FutureFuel in the 4th quarter worth $315,000. Institutional investors and hedge funds own 44.56% of the company's stock.

FutureFuel Stock Performance

Shares of FutureFuel stock traded up $0.08 on Tuesday, reaching $4.71. 405,324 shares of the company's stock were exchanged, compared to its average volume of 534,087. FutureFuel has a 52 week low of $4.15 and a 52 week high of $10.31. The firm's 50-day moving average is $5.12 and its two-hundred day moving average is $5.87. The company has a market capitalization of $205.89 million, a P/E ratio of 10.15 and a beta of 0.64.

FutureFuel (NYSE:FF - Get Free Report) last posted its quarterly earnings results on Friday, May 10th. The energy company reported $0.10 earnings per share for the quarter. The firm had revenue of $58.28 million during the quarter. FutureFuel had a net margin of 5.86% and a return on equity of 7.46%.

Analyst Ratings Changes

Several research firms have recently weighed in on FF. StockNews.com cut shares of FutureFuel from a "buy" rating to a "hold" rating in a research report on Monday, May 13th. HC Wainwright increased their price target on FutureFuel from $0.70 to $0.80 and gave the stock a "buy" rating in a report on Tuesday, May 14th.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.