LanzaTech Global, Inc. (NASDAQ:LNZAW) Sees Significant Decline in Short Interest

LanzaTech Global, Inc. (NASDAQ:LNZAW) saw a significant decrease in short interest in July. As of July 15th, there was short interest totaling 12,946 shares, a decrease of 66.0% from the June 30th total of 38,029 shares. Based on an average daily trading volume, of 9,337 shares, the short-interest ratio is currently 1.4 days.

LanzaTech Global Price Performance

Shares of NASDAQ:LNZAW traded down $0.00 on Monday, reaching $0.02. 34,322 shares of the company traded hands, compared to its average volume of 48,365. The company’s 50 day moving average is $0.02 and its 200-day moving average is $0.01. LanzaTech Global has a fifty-two week low of $0.01 and a fifty-two week high of $0.08.

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.