Short Interest in FutureFuel Corp. (NYSE:FF) Rises By 8.2%

FutureFuel Corp. (NYSE:FF) saw a large 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. Approximately 2.4% of the company’s stock are short sold. Based on an average daily volume of 292,300 shares, the short-interest ratio is currently 2.1 days.

Wall Street Analysts Forecast Growth

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

Insider Activity

In other news, CEO Roeland Polet acquired 10,000 shares of the business’s stock in a transaction that occurred on Wednesday, November 13th. The stock was acquired at an average cost of $5.11 per share, for a total transaction of $51,100.00. Following the completion of the acquisition, the chief executive officer now owns 10,000 shares in the company, valued at approximately $51,100. The trade was a ∞ increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 41.10% of the stock is owned by corporate insiders.

Institutional Trading of FutureFuel

Institutional investors and hedge funds have recently modified their holdings of the company. AQR Capital Management LLC lifted its position in shares of FutureFuel by 76.1% during the 2nd quarter. AQR Capital Management LLC now owns 1,553,136 shares of the energy company’s stock worth $7,968,000 after purchasing an additional 671,144 shares during the last quarter. Acadian Asset Management LLC lifted its holdings in shares of FutureFuel by 321.7% during the second quarter. Acadian Asset Management LLC now owns 742,405 shares of the energy company’s stock worth $3,808,000 after buying an additional 566,367 shares during the last quarter. Los Angeles Capital Management LLC boosted its position in shares of FutureFuel by 612.4% in the second quarter. Los Angeles Capital Management LLC now owns 352,525 shares of the energy company’s stock valued at $1,808,000 after acquiring an additional 303,038 shares during the period. Marshall Wace LLP grew its stake in shares of FutureFuel by 293.9% in the second quarter. Marshall Wace LLP now owns 219,793 shares of the energy company’s stock worth $1,128,000 after acquiring an additional 163,993 shares during the last quarter. Finally, Geode Capital Management LLC grew its stake in shares of FutureFuel by 19.1% in the third quarter. Geode Capital Management LLC now owns 800,995 shares of the energy company’s stock worth $4,607,000 after acquiring an additional 128,655 shares during the last quarter. 44.56% of the stock is currently owned by institutional investors and hedge funds.

FutureFuel Trading Down 0.4 %

NYSE FF traded down $0.02 during trading on Wednesday, hitting $5.29. 149,674 shares of the company traded hands, compared to its average volume of 427,426. FutureFuel has a 12 month low of $4.15 and a 12 month high of $8.36. The business has a fifty day simple moving average of $5.42 and a 200 day simple moving average of $5.52. The company has a market capitalization of $231.51 million, a P/E ratio of 6.45 and a beta of 0.58.

FutureFuel Dividend Announcement

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