Vast Renewables Limited (NASDAQ:VSTE) Sees Large Growth in Short Interest

Vast Renewables Limited (NASDAQ:VSTE) was the recipient of a significant growth in short interest in January. As of January 15th, there was short interest totalling 213,400 shares, a growth of 207.9% from the December 31st total of 69,300 shares. Approximately 3.4% of the shares of the stock are short sold. Based on an average trading volume of 4,570,000 shares, the days-to-cover ratio is presently 0.0 days.

Vast Renewables Stock Down 1.0 %

Shares of NASDAQ VSTE traded down $0.01 during midday trading on Wednesday, reaching $0.98. 29,296 shares of the company traded hands, compared to its average volume of 500,254. Vast Renewables has a 12 month low of $0.83 and a 12 month high of $11.99. The stock’s 50-day simple moving average is $1.36 and its 200-day simple moving average is $1.59.

About Vast Renewables

Vast Renewables Ltd. is a renewable energy company, which develops concentrated solar thermal power (CSP) energy systems, dispatchable power, and heat and green fuels. Its projects include Utility-Scale Reference Plant, Solar Methanol Demonstration Plant, Hybrid Commercial Plant, and Battery Energy Storage System.