Short Interest in U.S. Geothermal Inc. (HTM) Rises By 0.4%
U.S. Geothermal Inc. (NYSE:HTM) was the target of a significant growth in short interest in September. As of September 30th, there was short interest totalling 969,957 shares, a growth of 0.4% from the September 15th total of 965,613 shares. Approximately 0.9% of the shares of the company are short sold. Based on an average daily volume of 133,577 shares, the days-to-cover ratio is currently 7.3 days.
HTM has been the subject of a number of recent research reports. Northland Securities initiated coverage on U.S. Geothermal in a research note on Tuesday, June 28th. They issued an “outperform” rating and a $1.00 target price for the company. Zacks Investment Research upgraded U.S. Geothermal from a “hold” rating to a “buy” rating and set a $0.75 price objective for the company in a research note on Wednesday, August 17th.
U.S. Geothermal (NYSE:HTM) opened at 0.6946 on Thursday. U.S. Geothermal has a 1-year low of $0.49 and a 1-year high of $0.90. The firm has a market capitalization of $78.71 million and a price-to-earnings ratio of 77.1778. The firm’s 50-day moving average price is $0.72 and its 200 day moving average price is $0.77.
This story is the sole property of American Banking News and it was originally published by American Banking News. If you are reading this story on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. The original version of this article is available at http://www.americanbankingnews.com/2016/10/13/short-interest-in-u-s-geothermal-inc-htm-rises-by-0-4.html
U.S. Geothermal Company Profile
U.S. Geothermal Inc is engaged in the renewable green energy business. The Company, through its subsidiary U.S. Geothermal Inc (Geo-Idaho), is engaged in the acquisition, development and utilization of geothermal resources in the Western United States and the Republic of Guatemala. It operates through two segments: Operating Plants, and Corporate and Development.
Receive News & Ratings for U.S. Geothermal Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for U.S. Geothermal Inc. and related companies with MarketBeat.com's FREE daily email newsletter.