Vast Renewables Limited (NASDAQ:VSTE) Sees Significant Increase in Short Interest

Vast Renewables Limited (NASDAQ:VSTE) saw a significant increase in short interest in the month of January. As of January 15th, there was short interest totalling 213,400 shares, an increase of 207.9% from the December 31st total of 69,300 shares. Approximately 3.4% of the company’s shares are sold short. Based on an average daily volume of 4,570,000 shares, the short-interest ratio is presently 0.0 days.

Vast Renewables Price Performance

Shares of VSTE stock traded down $0.01 on Wednesday, hitting $0.98. The stock had a trading volume of 29,296 shares, compared to its average volume of 500,254. The company has a fifty day moving average price of $1.36 and a two-hundred day moving average price of $1.59. Vast Renewables has a twelve month low of $0.83 and a twelve month high of $11.99.

Vast Renewables Company Profile

Vast Renewables Ltd. is a renewable energy company, which develops concentrated solar thermal power (CSP) energy systems, dispatchable power, and heat and green fuels. Its projects include Utility-Scale Reference Plant, Solar Methanol Demonstration Plant, Hybrid Commercial Plant, and Battery Energy Storage System.