Vast Renewables Limited (NASDAQ:VSTE) Short Interest Update

Vast Renewables Limited (NASDAQ:VSTE) was the target of a significant decline in short interest during the month of February. As of February 28th, there was short interest totalling 248,200 shares, a decline of 40.5% from the February 13th total of 416,900 shares. Based on an average daily trading volume, of 2,310,000 shares, the days-to-cover ratio is currently 0.1 days. Currently, 2.9% of the shares of the company are sold short.

Vast Renewables Stock Down 6.7 %

Shares of NASDAQ:VSTE opened at $0.51 on Friday. The stock’s 50-day moving average is $0.82 and its 200-day moving average is $1.26. Vast Renewables has a 52-week low of $0.43 and a 52-week high of $11.99.

Hedge Funds Weigh In On Vast Renewables

A hedge fund recently bought a new stake in Vast Renewables stock. Virtu Financial LLC acquired a new stake in Vast Renewables Limited (NASDAQ:VSTE) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor acquired 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 own 90.92% of the company’s stock.

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.