Short Interest in Verde Clean Fuels, Inc. (NASDAQ:VGASW) Declines By 18.7%

Verde Clean Fuels, Inc. (NASDAQ:VGASW) was the recipient of a large drop in short interest in March. As of March 31st, there was short interest totaling 21,630 shares, a drop of 18.7% from the March 15th total of 26,616 shares. Based on an average trading volume of 47,155 shares, the days-to-cover ratio is presently 0.5 days.

Verde Clean Fuels Stock Performance

VGASW opened at $0.03 on Thursday. Verde Clean Fuels has a 1-year low of $0.02 and a 1-year high of $0.22. The firm has a 50-day moving average price of $0.03 and a two-hundred day moving average price of $0.07.

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.