Short Interest in Verde Clean Fuels, Inc. (NASDAQ:VGASW) Expands By 970.5%

Verde Clean Fuels, Inc. (NASDAQ:VGASW) saw a large growth in short interest in May. As of May 29th, there was short interest totaling 35,648 shares, a growth of 970.5% from the May 14th total of 3,330 shares. Based on an average daily trading volume, of 66,196 shares, the days-to-cover ratio is currently 0.5 days.

Verde Clean Fuels Stock Performance

NASDAQ VGASW remained flat at $0.03 during trading hours on Thursday. The company had a trading volume of 15,330 shares, compared to its average volume of 125,176. The stock has a 50 day moving average price of $0.03 and a 200 day moving average price of $0.05. Verde Clean Fuels has a 52 week low of $0.02 and a 52 week high of $0.20.

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.