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.

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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.

5 Day Chart for NYSE:HTM

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