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

Verde Clean Fuels, Inc. (NASDAQ:VGASW) was the target of a large increase in short interest in December. As of December 15th, there was short interest totaling 37,874 shares, an increase of 51.1% from the November 30th total of 25,060 shares. Based on an average daily volume of 37,434 shares, the short-interest ratio is presently 1.0 days. Based on an average daily volume of 37,434 shares, the short-interest ratio is presently 1.0 days.

Verde Clean Fuels Price Performance

Shares of VGASW stock opened at $0.08 on Tuesday. The business’s 50-day moving average price is $0.10 and its 200-day moving average price is $0.13. Verde Clean Fuels has a 12 month low of $0.08 and a 12 month high of $0.39.

About Verde Clean Fuels

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.