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

Verde Clean Fuels, Inc. (NASDAQ:VGASW – Get Free Report) was the recipient of a large increase in short interest in May. As of May 29th, there was short interest totaling 35,648 shares, an increase of 970.5% from the May 14th total of 3,330 shares. Based on an average trading volume of 66,196 shares, the short-interest ratio is presently 0.5 days.

Verde Clean Fuels Price Performance

VGASW opened at $0.03 on Friday. Verde Clean Fuels has a 12 month low of $0.02 and a 12 month high of $0.20. The stock has a fifty day moving average price of $0.03 and a 200-day moving average price of $0.05.

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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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