Verde Clean Fuels, Inc. (NASDAQ:VGASW – Get Free Report) saw a significant increase in short interest in the month of October. As of October 30th, there was short interest totaling 9,410 shares, an increase of 546.7% from the October 15th total of 1,455 shares. Based on an average daily volume of 5,299 shares, the days-to-cover ratio is presently 1.8 days.
Verde Clean Fuels Stock Performance
NASDAQ:VGASW opened at $0.01 on Wednesday. Verde Clean Fuels has a 52 week low of $0.01 and a 52 week high of $0.13. The company has a fifty day simple moving average of $0.02 and a two-hundred day simple moving average of $0.03.
Verde Clean Fuels Company Profile
Verde Clean Fuels, Inc. is a clean-fuels company focused on developing facilities to produce gasoline from synthesis gas, or syngas. Its licensed STG+ technology is designed to convert syngas into drop-in gasoline that can be used with existing engines and fuel-distribution infrastructure. The process can use syngas made from different feedstocks, including natural gas and certain biomass or waste resources. Verde’s business centers on developing projects and applying this technology, rather than operating as a conventional oil refiner or fuel retailer.
Read More
- Five stocks we like better than Verde Clean Fuels
- Why Kinder Morgan’s Chairman Just Bought $15 Million in Stock
- Rocket Lab’s Record Backlog Could Fuel a Rebound, But Neutron Raises the Stakes
- Don’t Let Their Low Yields Fool You: 3 Dividend Stocks Worth Watching
- A $4 Billion Jolt: NRG Energy Powers Data Center Ambitions
Receive News & Ratings for Verde Clean Fuels Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Verde Clean Fuels and related companies with MarketBeat.com's FREE daily email newsletter.
