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

Verde Clean Fuels, Inc. (NASDAQ:VGASWGet Free Report) was the recipient of a large growth in short interest during the month of January. As of January 30th, there was short interest totaling 51,193 shares, a growth of 87.0% from the January 15th total of 27,375 shares. Based on an average daily trading volume, of 13,849 shares, the short-interest ratio is presently 3.7 days. Based on an average daily trading volume, of 13,849 shares, the short-interest ratio is presently 3.7 days.

Verde Clean Fuels Stock Down 34.6%

Shares of VGASW opened at $0.02 on Friday. The stock has a 50 day moving average of $0.07 and a 200 day moving average of $0.10. Verde Clean Fuels has a 12 month low of $0.02 and a 12 month high of $0.38.

About Verde Clean Fuels

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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.

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