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

Verde Clean Fuels, Inc. (NASDAQ:VGASW) was the target of a significant increase in short interest in the month of February. As of February 27th, there was short interest totaling 37,882 shares, an increase of 76.2% from the February 12th total of 21,503 shares. Based on an average daily trading volume, of 73,068 shares, the short-interest ratio is presently 0.5 days. Based on an average daily trading volume, of 73,068 shares, the short-interest ratio is presently 0.5 days.

Verde Clean Fuels Trading Up 36.3%

NASDAQ:VGASW traded up $0.01 during trading hours on Friday, reaching $0.04. 225,908 shares of the company were exchanged, compared to its average volume of 98,671. The business has a 50 day moving average of $0.04 and a 200 day moving average of $0.09. Verde Clean Fuels has a 1-year low of $0.02 and a 1-year high of $0.31.

Verde Clean Fuels Company Profile

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.