Verde Clean Fuels, Inc. (NASDAQ:VGASW) Sees Significant Decline in Short Interest

Verde Clean Fuels, Inc. (NASDAQ:VGASW) was the recipient of a large drop in short interest during the month of January. As of January 15th, there was short interest totaling 27,375 shares, a drop of 65.4% from the December 31st total of 79,083 shares. Based on an average daily trading volume, of 248,000 shares, the short-interest ratio is currently 0.1 days. Based on an average daily trading volume, of 248,000 shares, the short-interest ratio is currently 0.1 days.

Verde Clean Fuels Price Performance

NASDAQ:VGASW traded down $0.00 during mid-day trading on Friday, reaching $0.05. The stock had a trading volume of 208 shares, compared to its average volume of 134,170. Verde Clean Fuels has a twelve month low of $0.04 and a twelve month high of $0.38. The business has a 50 day simple moving average of $0.08 and a 200 day simple moving average of $0.11.

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.