Verde Clean Fuels, Inc. (NASDAQ:VGASW) Short Interest Update

Verde Clean Fuels, Inc. (NASDAQ:VGASW) was the recipient of a large drop in short interest in the month of May. As of May 15th, there was short interest totaling 3,330 shares, a drop of 93.2% from the April 30th total of 49,101 shares. Based on an average daily trading volume, of 485,688 shares, the short-interest ratio is currently 0.0 days.

Verde Clean Fuels Stock Performance

VGASW stock traded down $0.01 during mid-day trading on Friday, hitting $0.03. 30,430 shares of the company were exchanged, compared to its average volume of 129,158. The firm’s 50 day simple moving average is $0.03 and its 200 day simple moving average is $0.05. Verde Clean Fuels has a 1-year low of $0.02 and a 1-year high of $0.20.

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.