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

Verde Clean Fuels, Inc. (NASDAQ:VGASW – Get Free Report) was the recipient of a significant drop in short interest during the month of July. As of July 15th, there was short interest totaling 1,424 shares, a drop of 96.8% from the June 30th total of 44,460 shares. Based on an average trading volume of 11,623 shares, the short-interest ratio is currently 0.1 days.

Verde Clean Fuels Price Performance

Shares of NASDAQ:VGASW traded up $0.00 during mid-day trading on Friday, reaching $0.02. 201 shares of the company’s stock were exchanged, compared to its average volume of 106,397. The business’s fifty day moving average price is $0.03 and its 200-day moving average price is $0.03. Verde Clean Fuels has a twelve month low of $0.02 and a twelve month high of $0.18.

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About Verde Clean Fuels

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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.

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