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

Verde Clean Fuels, Inc. (NASDAQ:VGASW) saw a large increase in short interest in the month of December. As of December 15th, there was short interest totaling 37,874 shares, an increase of 51.1% from the November 30th total of 25,060 shares. Based on an average daily trading volume, of 37,434 shares, the days-to-cover ratio is currently 1.0 days. Based on an average daily trading volume, of 37,434 shares, the days-to-cover ratio is currently 1.0 days.

Verde Clean Fuels Price Performance

Shares of NASDAQ VGASW opened at $0.08 on Monday. The company’s fifty day simple moving average is $0.10 and its 200 day simple moving average is $0.13. Verde Clean Fuels has a 12-month low of $0.08 and a 12-month high of $0.39.

About Verde Clean Fuels

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.