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

Verde Clean Fuels, Inc. (NASDAQ:VGASW) was the recipient of a large decline in short interest in May. As of May 15th, there was short interest totaling 3,330 shares, a decline of 93.2% from the April 30th total of 49,101 shares. Based on an average daily trading volume, of 485,688 shares, the days-to-cover ratio is presently 0.0 days.

Verde Clean Fuels Stock Performance

VGASW stock traded down $0.00 during trading on Wednesday, reaching $0.03. The stock had a trading volume of 14,025 shares, compared to its average volume of 130,787. Verde Clean Fuels has a 1-year low of $0.02 and a 1-year high of $0.20. The firm has a fifty day moving average price of $0.03 and a 200 day moving average price of $0.05.

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.