Vast Renewables Limited (NASDAQ:VSTE) Short Interest Up 448.6% in February

Vast Renewables Limited (NASDAQ:VSTE) saw a significant growth in short interest in the month of February. As of February 15th, there was short interest totalling 416,900 shares, a growth of 448.6% from the January 31st total of 76,000 shares. Based on an average daily volume of 3,000,000 shares, the short-interest ratio is currently 0.1 days. Currently, 4.8% of the shares of the stock are short sold.

Vast Renewables Stock Performance

Shares of NASDAQ VSTE opened at $0.59 on Friday. Vast Renewables has a 52 week low of $0.51 and a 52 week high of $11.99. The stock’s fifty day moving average is $0.97 and its 200 day moving average is $1.36.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Vast Renewables stock. Virtu Financial LLC purchased a new position in Vast Renewables Limited (NASDAQ:VSTE) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 39,126 shares of the company’s stock, valued at approximately $43,000. Virtu Financial LLC owned 0.23% of Vast Renewables as of its most recent filing with the Securities and Exchange Commission (SEC). 90.92% of the stock is currently owned by hedge funds and other institutional investors.

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.