Short Interest in LanzaTech Global, Inc. (NASDAQ:LNZAW) Declines By 44.9%

LanzaTech Global, Inc. (NASDAQ:LNZAW) saw a significant decline in short interest during the month of May. As of May 15th, there was short interest totaling 1,580 shares, a decline of 44.9% from the April 30th total of 2,867 shares. Based on an average daily trading volume, of 20,802 shares, the short-interest ratio is currently 0.1 days.

LanzaTech Global Stock Down 5.4%

Shares of NASDAQ:LNZAW traded down $0.00 during mid-day trading on Tuesday, hitting $0.01. 7,971 shares of the company traded hands, compared to its average volume of 58,324. LanzaTech Global has a 12-month low of $0.01 and a 12-month high of $0.08. The stock has a 50-day moving average price of $0.02 and a two-hundred day moving average price of $0.01.

LanzaTech Global Company Profile

LanzaTech Global, Inc is a biotechnology company that specializes in carbon recycling and the development of sustainable fuels and chemicals. The company’s core technology employs a gas fermentation process that captures carbon-rich industrial off-gases—such as those emitted by steel mills and other heavy industries—and converts them into valuable products. By leveraging proprietary microbial strains, LanzaTech aims to reduce greenhouse gas emissions while producing low-carbon ethanol and a suite of downstream chemicals used in plastics, textiles and personal care products.

In addition to producing ethanol, LanzaTech’s platform can be tailored to generate specialty compounds including isopropanol, acetone and jet fuel precursors.