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GreenHunter Energy (NYSE:GRH) was the recipient of a large increase in short interest in the month of July. As of July 31st, there was short interest totalling 1,438,134 shares, an increase of 242.9% from the July 15th total of 419,345 shares, AnalystRatings.NET reports. Based on an average daily volume of 1,378,559 shares, the days-to-cover ratio is currently 1.0 days. Approximately 9.3% of the company’s shares are sold short.

GRH has been the subject of a number of recent research reports. Analysts at Noble Financial raised their price target on shares of GreenHunter Energy from $1.50 to $2.25 in a research note on Monday, June 16th. They now have a “buy” rating on the stock.

GreenHunter Energy (NYSE:GRH) remained flat at $2.22 during trading on Monday. The stock had a trading volume of 260,798 shares. GreenHunter Energy has a 52 week low of $0.80 and a 52 week high of $3.62. The stock has a 50-day moving average of $2. and a 200-day moving average of $1.37. The company’s market cap is $77.8 million.

GreenHunter Energy (NYSE:GRH) last posted its quarterly earnings results on Monday, August 4th. The company reported ($0.06) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.05) by $0.01. During the same quarter in the previous year, the company posted ($0.10) earnings per share. On average, analysts predict that GreenHunter Energy will post $-0.16 earnings per share for the current fiscal year.

GreenHunter Energy, Inc is engaged in providing Total Water Management Solutions to oil and gas operators who are active in the Marcellus, Eagle Ford and Bakken shale plays.

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