Verde Clean Fuels, Inc. (NASDAQ:VGASW) Short Interest Up 160.0% in June

Verde Clean Fuels, Inc. (NASDAQ:VGASW) saw a significant increase in short interest during the month of June. As of June 15th, there was short interest totalling 2,600 shares, an increase of 160.0% from the May 31st total of 1,000 shares. Based on an average daily trading volume, of 19,600 shares, the short-interest ratio is currently 0.1 days.

Verde Clean Fuels Stock Performance

Shares of VGASW traded down $0.02 during mid-day trading on Friday, reaching $0.18. The company’s stock had a trading volume of 1,876 shares, compared to its average volume of 25,733. Verde Clean Fuels has a 1-year low of $0.09 and a 1-year high of $0.30. The business has a 50-day simple moving average of $0.21 and a two-hundred day simple moving average of $0.19.

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.