US Geothermal Inc (NYSEAMERICAN:HTM) saw a significant decrease in short interest in November. As of November 15th, there was short interest totalling 98,298 shares, a decrease of 28.8% from the October 31st total of 138,095 shares. Based on an average daily volume of 44,109 shares, the short-interest ratio is currently 2.2 days. Approximately 0.6% of the shares of the stock are short sold.

Shares of US Geothermal (NYSEAMERICAN HTM) opened at $3.55 on Friday. US Geothermal has a 12 month low of $3.41 and a 12 month high of $4.94.

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Private Management Group Inc. raised its stake in shares of US Geothermal by 10.8% during the second quarter. Private Management Group Inc. now owns 1,812,458 shares of the energy company’s stock worth $8,319,000 after buying an additional 177,176 shares during the last quarter. Dimensional Fund Advisors LP raised its stake in shares of US Geothermal by 175.1% during the third quarter. Dimensional Fund Advisors LP now owns 71,160 shares of the energy company’s stock worth $284,000 after buying an additional 45,289 shares during the last quarter. Bank of New York Mellon Corp raised its stake in shares of US Geothermal by 69.4% during the second quarter. Bank of New York Mellon Corp now owns 35,186 shares of the energy company’s stock worth $161,000 after buying an additional 14,411 shares during the last quarter. Finally, Northern Trust Corp raised its stake in shares of US Geothermal by 1.2% during the second quarter. Northern Trust Corp now owns 33,281 shares of the energy company’s stock worth $153,000 after buying an additional 392 shares during the last quarter.

A number of equities analysts have recently issued reports on the stock. ValuEngine upgraded shares of US Geothermal from a “sell” rating to a “hold” rating in a research report on Friday, September 1st. Zacks Investment Research downgraded shares of US Geothermal from a “hold” rating to a “sell” rating in a research note on Monday, November 20th. Cowen set a $6.00 price target on shares of US Geothermal and gave the stock a “buy” rating in a research note on Friday, August 18th. Northland Securities set a $6.00 price target on shares of US Geothermal and gave the stock a “buy” rating in a research note on Monday, August 14th. Finally, Roth Capital set a $5.00 price target on shares of US Geothermal and gave the stock a “buy” rating in a research note on Thursday, November 16th. One analyst has rated the stock with a sell rating, one has assigned a hold rating and three have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $5.67.

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About US Geothermal

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.

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