Verde Clean Fuels, Inc. (NASDAQ:VGASW) Sees Large Decline in Short Interest

Verde Clean Fuels, Inc. (NASDAQ:VGASW) saw a significant drop in short interest in the month of February. As of February 13th, there was short interest totaling 21,503 shares, a drop of 58.0% from the January 29th total of 51,193 shares. Based on an average trading volume of 42,262 shares, the days-to-cover ratio is presently 0.5 days. Based on an average trading volume of 42,262 shares, the days-to-cover ratio is presently 0.5 days.

Verde Clean Fuels Stock Down 12.5%

Shares of NASDAQ:VGASW opened at $0.04 on Friday. The company has a 50 day moving average of $0.05 and a 200 day moving average of $0.09. Verde Clean Fuels has a 12 month low of $0.02 and a 12 month high of $0.36.

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.