FutureFuel Corp. (NYSE:FF) Short Interest Update

FutureFuel Corp. (NYSE:FF) saw a large decline in short interest during the month of June. As of June 15th, there was short interest totalling 260,700 shares, a decline of 55.7% from the May 15th total of 589,100 shares. Based on an average daily volume of 130,900 shares, the days-to-cover ratio is currently 2.0 days. Approximately 1.0% of the company’s shares are sold short.

In other news, Director Terrance C. Z. Egger bought 2,895 shares of the firm’s stock in a transaction on Wednesday, June 5th. The shares were bought at an average cost of $10.33 per share, for a total transaction of $29,905.35. Following the acquisition, the director now directly owns 4,895 shares of the company’s stock, valued at approximately $50,565.35. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 41.48% of the company’s stock.

Large investors have recently bought and sold shares of the business. Oregon Public Employees Retirement Fund acquired a new position in FutureFuel during the fourth quarter valued at approximately $156,000. D. E. Shaw & Co. Inc. raised its stake in shares of FutureFuel by 62.3% during the fourth quarter. D. E. Shaw & Co. Inc. now owns 43,121 shares of the energy company’s stock valued at $684,000 after purchasing an additional 16,559 shares during the period. Barrow Hanley Mewhinney & Strauss LLC raised its stake in shares of FutureFuel by 15,179.9% during the fourth quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 60,203 shares of the energy company’s stock valued at $955,000 after purchasing an additional 59,809 shares during the period. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp purchased a new stake in shares of FutureFuel during the fourth quarter valued at approximately $246,000. Finally, American Century Companies Inc. raised its stake in shares of FutureFuel by 94.3% during the fourth quarter. American Century Companies Inc. now owns 54,671 shares of the energy company’s stock valued at $867,000 after purchasing an additional 26,539 shares during the period. Hedge funds and other institutional investors own 48.29% of the company’s stock.

Separately, TheStreet cut shares of USD Partners from a “b-” rating to a “c+” rating in a research note on Friday, May 10th.

Shares of FF stock traded up $0.10 during mid-day trading on Friday, hitting $11.99. The stock had a trading volume of 95,924 shares, compared to its average volume of 103,486. The company has a 50-day simple moving average of $11.22. The firm has a market cap of $524.44 million, a price-to-earnings ratio of 22.43 and a beta of 1.94. FutureFuel has a fifty-two week low of $10.22 and a fifty-two week high of $19.31.

FutureFuel (NYSE:FF) last announced its quarterly earnings results on Friday, May 10th. The energy company reported $0.13 earnings per share (EPS) for the quarter. The business had revenue of $48.50 million during the quarter. FutureFuel had a net margin of 8.05% and a return on equity of 5.82%.

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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