Short Interest in LanzaTech Global, Inc. (NASDAQ:LNZAW) Rises By 110.4%

LanzaTech Global, Inc. (NASDAQ:LNZAW) saw a large growth in short interest in the month of July. As of July 31st, there was short interest totaling 27,235 shares, a growth of 110.4% from the July 15th total of 12,946 shares. Based on an average daily trading volume, of 10,186 shares, the short-interest ratio is currently 2.7 days.

LanzaTech Global Stock Down 13.9%

Shares of LNZAW opened at $0.02 on Monday. The stock’s fifty day simple moving average is $0.02 and its 200-day simple moving average is $0.01. LanzaTech Global has a 12-month low of $0.01 and a 12-month high of $0.04.

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.