Fuel Tech Inc (NASDAQ:FTEK) Reports Increase in Sellers; Strong Momentum for Short Players

Investors sentiment decreased to 1.13 in 2018 Q2. Its down 0.25, from 1.38 in 2018Q1. It dropped, 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.
Whittier has invested 0% in Fuel Tech, Inc. (NASDAQ:FTEK). Grace & White Inc New York has invested 0.3% in Fuel Tech, Inc. (NASDAQ:FTEK). Moreover, Citigroup has 0% invested in Fuel Tech, Inc. (NASDAQ:FTEK) for 4 shares. Bancorporation Of Ny Mellon invested 0% of its portfolio in Fuel Tech, Inc. (NASDAQ:FTEK). Perritt Cap Incorporated accumulated 0.05% or 171,300 shares. Dimensional Fund Advsr Lp owns 63,189 shares or 0% of their US portfolio. Bridgeway Capital Management Inc has 243,128 shares. 12,500 are held by Janney Montgomery Scott Ltd Liability. Essex Invest Mgmt Lc invested in 296,424 shares or 0.04% of the stock. Northern holds 0% in Fuel Tech, Inc. (NASDAQ:FTEK) or 48,218 shares. Morgan Stanley invested in 200 shares or 0% of the stock. Geode Cap Mngmt Limited Liability Corp has 126,541 shares. Wells Fargo Com Mn has 501 shares. Cambridge Inc holds 19,279 shares. Susquehanna Gru Llp invested 0% of its portfolio in Fuel Tech, Inc. (NASDAQ:FTEK).

Since August 22, 2018, it had 2 insider buys, and 0 selling transactions 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: Nasdaq.com which released: “KBW Announces Index Rebalancing for Third-Quarter 2018 – Nasdaq” on September 14, 2018, also Businesswire.com with their article: “Fuel Tech Schedules First Quarter 2018 Financial Results and Conference Call – Business Wire” published on April 25, 2018, Businesswire.com published: “Fuel Tech Executive Chairman Douglas G. Bailey to Retire; Vincent J. Arnone Named Chairman of the Board – Business Wire” on July 25, 2017. More interesting news about Fuel Tech, Inc. (NASDAQ:FTEK) were released by: Smallcapnetwork.com and their article: “Steakhouse Stock Fogo De Chao (FOGO): Right Small Cap, Wrong Time? RUTH, DFRG & BLMN : Small Stock Gems – SmallCap Network” published on August 25, 2015 as well as Seekingalpha.com‘s news article titled: “Fuel Tech, Inc. (FTEK) CEO Vince Arnone on Q3 2018 Results – Earnings Call Transcript – Seeking Alpha” with publication date: November 13, 2018.

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

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