Vast Renewables Limited (NASDAQ:VSTE) Short Interest Update

Vast Renewables Limited (NASDAQ:VSTE) was the target of a large drop in short interest in April. As of April 15th, there was short interest totalling 305,900 shares, a drop of 59.5% from the March 31st total of 756,200 shares. Based on an average daily volume of 4,530,000 shares, the short-interest ratio is currently 0.1 days. Approximately 2.3% of the company’s stock are short sold.

Vast Renewables Trading Up 1.5 %

Shares of VSTE stock opened at $0.39 on Tuesday. The company’s fifty day moving average price is $0.42 and its two-hundred day moving average price is $1.08. Vast Renewables has a 12 month low of $0.28 and a 12 month high of $8.00.

Institutional Investors Weigh In On Vast Renewables

A hedge fund recently bought a new stake in Vast Renewables stock. Virtu Financial LLC acquired a new position in Vast Renewables Limited (NASDAQ:VSTE) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 39,126 shares of the company’s stock, valued at approximately $43,000. Virtu Financial LLC owned 0.23% of Vast Renewables at the end of the most recent reporting period. Institutional investors and hedge funds own 90.92% of the company’s stock.

About Vast Renewables

Vast Renewables Ltd. is a renewable energy company, which develops concentrated solar thermal power (CSP) energy systems, dispatchable power, and heat and green fuels. Its projects include Utility-Scale Reference Plant, Solar Methanol Demonstration Plant, Hybrid Commercial Plant, and Battery Energy Storage System.