Vast Renewables Limited (NASDAQ:VSTE) Sees Significant Drop in Short Interest

Vast Renewables Limited (NASDAQ:VSTE) was the target of a significant drop in short interest in the month of December. As of December 15th, there was short interest totalling 69,300 shares, a drop of 70.7% from the November 30th total of 236,300 shares. Based on an average trading volume of 4,430,000 shares, the days-to-cover ratio is presently 0.0 days. Approximately 1.7% of the company’s shares are sold short.

Vast Renewables Stock Down 7.9 %

Vast Renewables stock opened at $1.17 on Friday. Vast Renewables has a fifty-two week low of $0.83 and a fifty-two week high of $11.99. The company has a 50 day moving average price of $1.82 and a 200-day moving average price of $1.82.

About Vast Renewables

Nabors Energy Transition Corp. is a blank check company. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or related business combination with one or more businesses. Nabors Energy Transition Corp. is based in Houston, Texas.