Short Interest in Vast Renewables Limited (NASDAQ:VSTE) Declines By 42.8%

Vast Renewables Limited (NASDAQ:VSTE) saw a significant decline in short interest in January. As of January 15th, there was short interest totalling 122,000 shares, a decline of 42.8% from the December 31st total of 213,400 shares. Based on an average daily trading volume, of 4,610,000 shares, the short-interest ratio is presently 0.0 days. Currently, 2.0% of the company’s stock are sold short.

Vast Renewables Stock Down 2.6 %

NASDAQ VSTE traded down $0.03 during midday trading on Friday, hitting $0.96. 292,185 shares of the company traded hands, compared to its average volume of 453,196. Vast Renewables has a 52 week low of $0.83 and a 52 week high of $11.99. The company’s 50-day simple moving average is $1.33 and its 200-day simple moving average is $1.57.

About Vast Renewables

Vast Renewables Ltd. is a renewable energy company, which develops concentrated solar thermal power (CSP) energy systems, dispatchable power, and heat and green fuels. Its projects include Utility-Scale Reference Plant, Solar Methanol Demonstration Plant, Hybrid Commercial Plant, and Battery Energy Storage System.