FuelCell Energy (FCEL) : The bears are holding on to their shorts in Accenture Plc with 10 more days remaining for them to cover their positions. The bearish positions have increased from 4,073,185 on Jul 29, 2016, to 4,303,931, on August 15, 2016. Daily, 418,307 shares are traded, which shows the high interest of the traders in the stock. The net addition of short open interest is 230,746 shares, which is an increase of just 5.7%. The total short interest of 14.9% of the float indicates that there arent many bears on this stock at the current prices. The short interest information was released on Wednesday Aug 24th after the market close.
FuelCell Energy (NASDAQ:FCEL): The stock opened at $5.33 on Wednesday but the bulls could not build on the opening and the stock topped out at $5.52 for the day. The stock traded down to $5.11 during the day, due to lack of any buying support eventually closed down at $5.16 with a loss of -3.37% for the day. The stock had closed at $5.34 on the previous day. The total traded volume was 795,775 shares.
FuelCell Energy, Inc. is an integrated fuel cell company. The Company designs, manufactures, sells, installs, operates and services ultra-clean, stationary fuel cell power plants for distributed power generation. It provides turn-key power generation solutions to its customers, including power plant installations, as well as power plant operation and maintenance. The Companys Direct FuelCell (DFC) power plants utilize carbonate fuel cell technology, and produce base load electricity. It has two primary markets for its products, which include Ultra-Clean Power and Renewable Power. The Company also offers solutions, such as DFC-ERG (Direct FuelCell Energy Recovery Generation) and HEFC (High Efficiency Fuel Cell). The Company operates in South Korea, the United States, Asia, Europe and Canada. Its customers include utility companies, municipalities, universities, government entities and a variety of industrial and commercial enterprises.