Vast Renewables Limited (NASDAQ:VSTE) Short Interest Down 42.8% in January

Vast Renewables Limited (NASDAQ:VSTE) was the target of a significant drop in short interest in January. As of January 15th, there was short interest totalling 122,000 shares, a drop of 42.8% from the December 31st total of 213,400 shares. Based on an average daily volume of 4,610,000 shares, the days-to-cover ratio is currently 0.0 days. Currently, 2.0% of the shares of the stock are sold short.

Vast Renewables Price Performance

VSTE stock opened at $0.98 on Friday. The firm has a 50 day simple moving average of $1.35 and a two-hundred day simple moving average of $1.58. Vast Renewables has a one year low of $0.83 and a one year high of $11.99.

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.