Verde Clean Fuels, Inc. (NASDAQ:VGASW) Sees Large Growth in Short Interest

Verde Clean Fuels, Inc. (NASDAQ:VGASW) was the target of a significant increase in short interest in February. As of February 27th, there was short interest totaling 37,882 shares, an increase of 76.2% from the February 12th total of 21,503 shares. Based on an average daily volume of 73,068 shares, the short-interest ratio is currently 0.5 days. Based on an average daily volume of 73,068 shares, the short-interest ratio is currently 0.5 days.

Verde Clean Fuels Stock Up 36.3%

NASDAQ VGASW traded up $0.01 on Friday, hitting $0.04. 225,908 shares of the company’s stock were exchanged, compared to its average volume of 98,671. The stock has a 50-day moving average of $0.04 and a 200-day moving average of $0.09. Verde Clean Fuels has a 52 week low of $0.02 and a 52 week high of $0.31.

Verde Clean Fuels Company Profile

Verde Clean Fuels, Inc focuses on suppling gasoline and other fuels derived from renewable feedstocks or natural gas. It specializes in the conversion of synthesis gas, or syngas, derived from feedstocks, such as biomass, municipal solid waste, and mixed plastics, as well as natural gas, including synthetic natural gas and other feedstocks, into gasoline through proprietary liquid fuels technology. Verde Clean Fuels, Inc was founded in 2007 and is based in Hillsborough, New Jersey.