Could Fuel Tech Inc (NASDAQ:FTEK) Go Down After Its Newest Short Interest Report?

July 27, 2018 - By Pearl Odom

Investors sentiment increased to 1.38 in Q1 2018. Its up 0.21, from 1.17 in 2017Q4. It improved, as 2 investors sold Fuel Tech, Inc. shares while 6 reduced holdings. 6 funds opened positions while 5 raised stakes. 5.23 million shares or 1.97% more from 5.13 million shares in 2017Q4 were reported.
Morgan Stanley invested in 0% or 200 shares. Dimensional Fund Advisors Ltd Partnership holds 0% or 75,599 shares in its portfolio. Royal Natl Bank Of Canada stated it has 0% in Fuel Tech, Inc. (NASDAQ:FTEK). Susquehanna Grp Llp owns 0% invested in Fuel Tech, Inc. (NASDAQ:FTEK) for 42,939 shares. Geode Cap Mngmt Lc reported 0% in Fuel Tech, Inc. (NASDAQ:FTEK). 631,820 are held by California Employees Retirement System. Stratos Wealth Prtnrs owns 800 shares. Wells Fargo Mn has 501 shares for 0% of their portfolio. Northern Corp invested 0% of its portfolio in Fuel Tech, Inc. (NASDAQ:FTEK). Blackrock invested in 0% or 506,155 shares. Lpl Ltd Liability Corporation invested in 0% or 56,598 shares. Tower Rech Cap Ltd Limited Liability Company (Trc), a New York-based fund reported 14,949 shares. Us National Bank De has invested 0% in Fuel Tech, Inc. (NASDAQ:FTEK). Barclays Public Ltd Company holds 0% or 1 shares. Illinois-based Perritt Capital Management has invested 0.08% in Fuel Tech, Inc. (NASDAQ:FTEK).

The stock of Fuel Tech Inc (NASDAQ:FTEK) registered a decrease of 7.08% in short interest. FTEK’s total short interest was 106,300 shares in July as published by FINRA. Its down 7.08% from 114,400 shares, reported previously. With 22,000 shares average volume, it will take short sellers 5 days to cover their FTEK’s short positions. The short interest to Fuel Tech Inc’s float is 0.62%.

The stock increased 0.98% or $0.01 during the last trading session, reaching $1. About 13,616 shares traded. Fuel Tech, Inc. (NASDAQ:FTEK) has risen 30.68% since July 27, 2017 and is uptrending. It has outperformed by 18.11% the S&P500.

Fuel Tech, Inc. provides boiler optimization, efficiency improvement, and air pollution reduction and control solutions to utility and industrial clients worldwide. The company has market cap of $24.16 million. It operates through Air Pollution Control Technology and FUEL CHEM Technology divisions. It currently has negative earnings. The Air Pollution Control Technology segment reduces nitrogen oxide emissions in flue gas from boilers, incinerators, furnaces, and other stationary combustion sources by low and ultra-low NOx burners; over-fire air systems; NOxOUT and HERT selective non-catalytic reduction systems; advanced selective catalytic reduction (SCR) systems; NOxOUT CASCADE and NOxOUT-SCR processes; ULTRA technology; ammonia injection grid and graduated straightening grid systems; and flue gas conditioning systems.

More news for Fuel Tech, Inc. (NASDAQ:FTEK) were recently published by: Businesswire.com, which released: “Fuel Tech Schedules Second Quarter 2018 Financial Results and Conference Call” on July 19, 2018. Businesswire.com‘s article titled: “Fuel Tech Awarded Air Pollution Control Orders Totaling $2.2 Million” and published on July 09, 2018 is yet another important article.

Fuel Tech, Inc. (NASDAQ:FTEK) Institutional Positions Chart

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