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

Verde Clean Fuels, Inc. (NASDAQ:VGASW) was the recipient of a significant growth in short interest during the month of April. As of April 30th, there was short interest totaling 49,101 shares, a growth of 673.6% from the April 15th total of 6,347 shares. Based on an average trading volume of 56,571 shares, the days-to-cover ratio is currently 0.9 days.

Verde Clean Fuels Stock Performance

VGASW traded up $0.00 on Wednesday, reaching $0.04. 317,608 shares of the company’s stock were exchanged, compared to its average volume of 138,695. Verde Clean Fuels has a twelve month low of $0.02 and a twelve month high of $0.22. The stock’s fifty day moving average price is $0.03 and its 200-day moving average price is $0.06.

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.