Verde Clean Fuels, Inc. (NASDAQ:VGASW) Short Interest Down 56.8% in January

Verde Clean Fuels, Inc. (NASDAQ:VGASWGet Free Report) was the target of a significant drop in short interest during the month of January. As of January 31st, there was short interest totalling 1,600 shares, a drop of 56.8% from the January 15th total of 3,700 shares. Based on an average daily trading volume, of 9,200 shares, the short-interest ratio is currently 0.2 days.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in VGASW. Polar Asset Management Partners Inc. purchased a new position in Verde Clean Fuels in the first quarter valued at $38,000. Shaolin Capital Management LLC acquired a new stake in shares of Verde Clean Fuels in the first quarter valued at about $162,000. SkyView Investment Advisors LLC acquired a new stake in shares of Verde Clean Fuels in the first quarter valued at about $39,000. Context Capital Management LLC acquired a new stake in shares of Verde Clean Fuels in the second quarter valued at about $37,000. Finally, Walleye Trading LLC grew its position in shares of Verde Clean Fuels by 196.7% in the second quarter. Walleye Trading LLC now owns 203,216 shares of the company’s stock valued at $61,000 after purchasing an additional 134,728 shares during the period.

Verde Clean Fuels Stock Performance

Shares of NASDAQ VGASW remained flat at $0.14 during midday trading on Monday. The stock has a fifty day moving average price of $0.13 and a 200 day moving average price of $0.17. Verde Clean Fuels has a 1-year low of $0.09 and a 1-year high of $0.48.

Verde Clean Fuels Company Profile

(Get Free Report)

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.

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