Fuel Tech Inc (NASDAQ:FTEK) Short Interest Increased By 108.48%

Investors sentiment decreased to 1.13 in 2018 Q2. Its down 0.25, from 1.38 in 2018Q1. It turned negative, as 4 investors sold Fuel Tech, Inc. shares while 4 reduced holdings. 2 funds opened positions while 7 raised stakes. 5.48 million shares or 4.64% more from 5.23 million shares in 2018Q1 were reported.
Cambridge Advisors invested in 0.01% or 19,279 shares. Perritt Mgmt accumulated 171,300 shares or 0.05% of the stock. Deutsche Bancorp Ag reported 0% in Fuel Tech, Inc. (NASDAQ:FTEK). Two Sigma Limited Liability Corp reported 0% stake. 14 are owned by Royal Bank Of Canada. Tower Rech (Trc) invested in 10,065 shares or 0% of the stock. Us State Bank De stated it has 0% of its portfolio in Fuel Tech, Inc. (NASDAQ:FTEK). Janney Montgomery Scott Llc reported 0% in Fuel Tech, Inc. (NASDAQ:FTEK). Vanguard Grp invested in 417,283 shares or 0% of the stock. Dimensional Fund Advisors Limited Partnership holds 0% or 63,189 shares. Blackrock Inc has invested 0% in Fuel Tech, Inc. (NASDAQ:FTEK). Ckw Financial Grp has invested 0% in Fuel Tech, Inc. (NASDAQ:FTEK). Susquehanna Intl Limited Liability Partnership reported 54,201 shares stake. Wells Fargo And Co Mn accumulated 501 shares. Renaissance Technology Ltd Llc holds 0% of its portfolio in Fuel Tech, Inc. (NASDAQ:FTEK) for 789,900 shares.

Since August 22, 2018, it had 2 insider buys, and 0 sales for $25,668 activity.

The stock of Fuel Tech Inc (NASDAQ:FTEK) registered an increase of 108.48% in short interest. FTEK’s total short interest was 108,200 shares in December as published by FINRA. Its up 108.48% from 51,900 shares, reported previously. With 53,000 shares average volume, it will take short sellers 2 days to cover their FTEK’s short positions. The short interest to Fuel Tech Inc’s float is 0.78%.

The stock increased 1.59% or $0.02 during the last trading session, reaching $1.28. About 47,627 shares traded. Fuel Tech, Inc. (NASDAQ:FTEK) has risen 40.24% since December 8, 2017 and is uptrending. It has outperformed by 24.62% 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 $30.94 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 notable recent Fuel Tech, Inc. (NASDAQ:FTEK) news were published by: Businesswire.com which released: “Fuel Tech Reports 2017 Fourth Quarter and Full Year Financial Results – Business Wire” on March 12, 2018, also Businesswire.com with their article: “Fuel Tech Executive Chairman Douglas G. Bailey to Retire; Vincent J. Arnone Named Chairman of the Board – Business Wire” published on July 25, 2017, Seekingalpha.com published: “Cemtrex Is Undervalued, Underfollowed With Strong Growth Prospects – Seeking Alpha” on December 01, 2015. More interesting news about Fuel Tech, Inc. (NASDAQ:FTEK) were released by: Businesswire.com and their article: “Fuel Tech Licenses SNCR Techology to India’s ISGEC Heavy Engineering Ltd. – Business Wire” published on June 01, 2016 as well as Nasdaq.com‘s news article titled: “KBW Announces Index Rebalancing for Third-Quarter 2018 – Nasdaq” with publication date: September 14, 2018.

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

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