Short Interest in Verde Clean Fuels, Inc. (NASDAQ:VGASW) Grows By 72.4%

Verde Clean Fuels, Inc. (NASDAQ:VGASW) saw a significant growth in short interest during the month of July. As of July 15th, there was short interest totalling 5,000 shares, a growth of 72.4% from the June 30th total of 2,900 shares. Based on an average trading volume of 20,200 shares, the days-to-cover ratio is currently 0.2 days.

Verde Clean Fuels Stock Performance

Shares of VGASW traded down $0.02 on Friday, reaching $0.19. 450 shares of the company’s stock traded hands, compared to its average volume of 24,366. The stock’s 50 day simple moving average is $0.20 and its two-hundred day simple moving average is $0.20. Verde Clean Fuels has a 52-week low of $0.09 and a 52-week high of $0.28.

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.