FutureFuel Corp. (NYSE:FF) Short Interest Update

FutureFuel Corp. (NYSE:FF) was the recipient of a significant growth in short interest in the month of December. As of December 15th, there was short interest totalling 603,800 shares, a growth of 8.2% from the November 30th total of 558,200 shares. Based on an average daily volume of 292,300 shares, the days-to-cover ratio is currently 2.1 days. Currently, 2.4% of the company’s shares are sold short.

Insider Activity

In other news, CEO Roeland Polet purchased 10,000 shares of the company’s stock in a transaction dated Wednesday, November 13th. The shares were acquired at an average price of $5.11 per share, with a total value of $51,100.00. Following the transaction, the chief executive officer now owns 10,000 shares of the company’s stock, valued at $51,100. This represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 41.10% of the company’s stock.

Hedge Funds Weigh In On FutureFuel

Several institutional investors and hedge funds have recently bought and sold shares of the company. Panagora Asset Management Inc. acquired a new stake in shares of FutureFuel in the 2nd quarter worth $130,000. nVerses Capital LLC purchased a new stake in shares of FutureFuel during the second quarter worth about $26,000. Ritholtz Wealth Management acquired a new position in shares of FutureFuel during the second quarter valued at about $234,000. Victory Capital Management Inc. purchased a new position in shares of FutureFuel in the 2nd quarter valued at approximately $88,000. Finally, Los Angeles Capital Management LLC boosted its stake in FutureFuel by 612.4% in the 2nd quarter. Los Angeles Capital Management LLC now owns 352,525 shares of the energy company’s stock worth $1,808,000 after purchasing an additional 303,038 shares in the last quarter. 44.56% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Separately, StockNews.com downgraded shares of FutureFuel from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 19th.

FutureFuel Stock Performance

FF stock opened at $5.29 on Thursday. The firm has a 50-day simple moving average of $5.41 and a two-hundred day simple moving average of $5.52. FutureFuel has a one year low of $4.15 and a one year high of $8.36. The firm has a market cap of $231.51 million, a price-to-earnings ratio of 6.45 and a beta of 0.58.

FutureFuel Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 18th. Shareholders of record on Thursday, December 4th will be paid a $0.06 dividend. The ex-dividend date is Thursday, December 4th. This represents a $0.24 annualized dividend and a yield of 4.54%. FutureFuel’s dividend payout ratio (DPR) is 29.27%.

FutureFuel Company Profile

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.