Verde Clean Fuels, Inc. (NASDAQ:VGASW) Short Interest Up 673.6% in April

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

Verde Clean Fuels Stock Performance

Shares of Verde Clean Fuels stock opened at $0.04 on Thursday. The company has a fifty day simple moving average of $0.03 and a 200-day simple moving average of $0.06. Verde Clean Fuels has a 12-month low of $0.02 and a 12-month high of $0.22.

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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