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

Verde Clean Fuels, Inc. (NASDAQ:VGASW) saw a large decline in short interest in the month of 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 short-interest ratio is presently 0.0 days.

Verde Clean Fuels Stock Performance

Shares of NASDAQ:VGASW traded down $0.00 during midday trading on Wednesday, hitting $0.03. 14,025 shares of the company’s stock traded hands, compared to its average volume of 130,787. The firm’s fifty day moving average price is $0.03 and its two-hundred day moving average price is $0.05. Verde Clean Fuels has a twelve month low of $0.02 and a twelve month high of $0.20.

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.