Vast Renewables Limited (NASDAQ:VSTE – Get Free Report) saw a significant growth in short interest in the month of March. As of March 15th, there was short interest totalling 1,010,000 shares, a growth of 306.9% from the February 28th total of 248,200 shares. Currently, 7.6% of the shares of the company are sold short. Based on an average daily volume of 5,460,000 shares, the short-interest ratio is currently 0.2 days.
Vast Renewables Stock Down 7.7 %
Shares of VSTE opened at $0.33 on Friday. The business’s 50-day moving average is $0.68 and its two-hundred day moving average is $1.20. Vast Renewables has a fifty-two week low of $0.32 and a fifty-two week high of $11.99.
Institutional Trading of Vast Renewables
A hedge fund recently bought a new stake in Vast Renewables stock. Virtu Financial LLC purchased a new stake in Vast Renewables Limited (NASDAQ:VSTE – Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 39,126 shares of the company’s stock, valued at approximately $43,000. Virtu Financial LLC owned 0.23% of Vast Renewables at the end of the most recent quarter. Institutional investors and hedge funds own 90.92% of the company’s stock.
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.
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