Short Interest in Vast Renewables Limited (NASDAQ:VSTE) Rises By 207.9%

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

Vast Renewables Price Performance

Shares of VSTE stock opened at $0.98 on Friday. Vast Renewables has a 1-year low of $0.83 and a 1-year high of $11.99. The firm has a fifty day moving average of $1.35 and a two-hundred day moving average of $1.58.

Vast Renewables Company Profile

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.