Vast Renewables Limited (NASDAQ:VSTE) Short Interest Update

Vast Renewables Limited (NASDAQ:VSTE) saw a significant decline in short interest in the month of March. As of March 31st, there was short interest totalling 756,200 shares, a decline of 25.1% from the March 15th total of 1,010,000 shares. Based on an average trading volume of 4,590,000 shares, the days-to-cover ratio is presently 0.2 days. Currently, 5.7% of the shares of the company are sold short.

Vast Renewables Stock Performance

Vast Renewables stock opened at $0.36 on Friday. The company has a 50-day simple moving average of $0.46 and a 200-day simple moving average of $1.10. Vast Renewables has a one year low of $0.28 and a one year high of $8.00.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Vast Renewables stock. Virtu Financial LLC acquired a new position in Vast Renewables Limited (NASDAQ:VSTE) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 39,126 shares of the company’s stock, valued at approximately $43,000. Virtu Financial LLC owned approximately 0.23% of Vast Renewables at the end of the most recent reporting period. Hedge funds and other institutional investors own 90.92% of the company’s stock.

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.