Short Interest in Vast Renewables Limited (NASDAQ:VSTE) Rises By 306.9%

Vast Renewables Limited (NASDAQ:VSTE) was the target of a significant increase in short interest in the month of March. As of March 15th, there was short interest totalling 1,010,000 shares, an increase of 306.9% from the February 28th total of 248,200 shares. Approximately 7.6% of the shares of the company are short sold. Based on an average daily volume of 5,460,000 shares, the short-interest ratio is currently 0.2 days.

Institutional Trading of Vast Renewables

An institutional investor recently bought a new position in Vast Renewables stock. Virtu Financial LLC bought a new position in Vast Renewables Limited (NASDAQ:VSTE) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 39,126 shares of the company’s stock, valued at approximately $43,000. Virtu Financial LLC owned about 0.23% of Vast Renewables as of its most recent filing with the Securities and Exchange Commission. 90.92% of the stock is owned by institutional investors.

Vast Renewables Stock Performance

Shares of NASDAQ VSTE opened at $0.36 on Thursday. Vast Renewables has a one year low of $0.32 and a one year high of $11.99. The business has a fifty day simple moving average of $0.69 and a 200 day simple moving average of $1.21.

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.