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

Verde Clean Fuels, Inc. (NASDAQ:VGASW) saw a significant growth in short interest during the month of February. As of February 27th, there was short interest totaling 37,882 shares, a growth of 76.2% from the February 12th total of 21,503 shares. Based on an average daily volume of 73,068 shares, the days-to-cover ratio is currently 0.5 days. Based on an average daily volume of 73,068 shares, the days-to-cover ratio is currently 0.5 days.

Verde Clean Fuels Price Performance

NASDAQ:VGASW opened at $0.04 on Friday. The stock has a 50 day simple moving average of $0.04 and a 200 day simple moving average of $0.08. Verde Clean Fuels has a 1-year low of $0.02 and a 1-year high of $0.31.

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.