Verde Clean Fuels, Inc. (NASDAQ:VGASW) Short Interest Down 65.4% in January

Verde Clean Fuels, Inc. (NASDAQ:VGASW) was the target of a large drop in short interest in the month of January. As of January 15th, there was short interest totaling 27,375 shares, a drop of 65.4% from the December 31st total of 79,083 shares. Based on an average daily trading volume, of 248,000 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily trading volume, of 248,000 shares, the days-to-cover ratio is currently 0.1 days.

Verde Clean Fuels Price Performance

VGASW opened at $0.05 on Wednesday. The stock’s 50 day moving average price is $0.08 and its 200-day moving average price is $0.11. Verde Clean Fuels has a 52-week low of $0.04 and a 52-week high of $0.39.

Verde Clean Fuels Company Profile

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.