Verde Clean Fuels, Inc. (NASDAQ:VGAS) Short Interest Up 32.3% in February

Verde Clean Fuels, Inc. (NASDAQ:VGASGet Free Report) was the target of a large growth in short interest in February. As of February 27th, there was short interest totaling 140,750 shares, a growth of 32.3% from the February 12th total of 106,403 shares. Currently, 0.3% of the shares of the stock are short sold. Based on an average trading volume of 97,467 shares, the short-interest ratio is currently 1.4 days. Based on an average trading volume of 97,467 shares, the short-interest ratio is currently 1.4 days. Currently, 0.3% of the shares of the stock are short sold.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Verde Clean Fuels in a research note on Wednesday, January 21st. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Verde Clean Fuels has an average rating of “Sell”.

View Our Latest Stock Report on VGAS

Verde Clean Fuels Stock Performance

NASDAQ:VGAS opened at $1.88 on Monday. The firm’s fifty day moving average is $1.70 and its 200-day moving average is $2.48. Verde Clean Fuels has a 52 week low of $0.92 and a 52 week high of $4.15. The firm has a market cap of $83.75 million, a P/E ratio of -5.37 and a beta of -0.37.

Hedge Funds Weigh In On Verde Clean Fuels

A hedge fund recently bought a new stake in Verde Clean Fuels stock. Creative Planning purchased a new position in Verde Clean Fuels, Inc. (NASDAQ:VGASFree Report) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 10,001 shares of the company’s stock, valued at approximately $34,000. Institutional investors and hedge funds own 15.61% of the company’s stock.

About Verde Clean Fuels

(Get Free Report)

Verde Clean Fuels, Inc, operates as a clean energy technology company in the United States. It specializes in the conversion of synthesis gas, or syngas, derived from feedstocks, such as biomass, natural gas, and other feedstocks into liquid hydrocarbons that can be used as gasoline through proprietary liquid fuels technology. Verde Clean Fuels, Inc was founded in 2007 and is headquartered in Houston, Texas.

Further Reading

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