Vast Renewables Limited (NASDAQ:VSTE) Short Interest Update

Vast Renewables Limited (NASDAQ:VSTE) was the target of a large 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 trading volume of 3,000,000 shares, the short-interest ratio is presently 0.1 days. Approximately 4.8% of the shares of the company are sold short.

Institutional Inflows and Outflows

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) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 39,126 shares of the company’s stock, valued at approximately $43,000. Virtu Financial LLC owned approximately 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 Trading Down 3.1 %

Shares of NASDAQ:VSTE traded down $0.02 during midday trading on Thursday, hitting $0.60. The company had a trading volume of 65,977 shares, compared to its average volume of 1,855,563. The company has a fifty day moving average of $0.98 and a two-hundred day moving average of $1.37. Vast Renewables has a 12-month low of $0.51 and a 12-month high of $11.99.

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.