Verde Clean Fuels, Inc. (NASDAQ:VGAS) Short Interest Update

Verde Clean Fuels, Inc. (NASDAQ:VGAS) was the target of a large increase in short interest in January. As of January 15th, there was short interest totalling 135,400 shares, an increase of 19.7% from the December 31st total of 113,100 shares. Approximately 4.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 12,900 shares, the short-interest ratio is presently 10.5 days.

Hedge Funds Weigh In On Verde Clean Fuels

An institutional investor recently bought a new position in Verde Clean Fuels stock. Stoneridge Investment Partners LLC purchased a new stake in shares of Verde Clean Fuels, Inc. (NASDAQ:VGAS) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 15,307 shares of the company’s stock, valued at approximately $62,000. Hedge funds and other institutional investors own 15.61% of the company’s stock.

Verde Clean Fuels Stock Down 3.7 %

NASDAQ:VGAS traded down $0.14 during midday trading on Friday, hitting $3.68. The company had a trading volume of 7,443 shares, compared to its average volume of 10,366. The stock’s fifty day moving average price is $3.92 and its 200-day moving average price is $4.02. Verde Clean Fuels has a 52-week low of $2.52 and a 52-week high of $5.61. The company has a market capitalization of $117.94 million, a PE ratio of -7.36 and a beta of -0.60.

About Verde Clean Fuels

Verde Clean Fuels, Inc, operates as a clean energy technology company in the United States. It specializes in the conversion of synthesis gas, or syngas, derived from feedstocks, such as biomass, natural gas, and other feedstocks into liquid hydrocarbons that can be used as gasoline through proprietary liquid fuels technology.