Vast Renewables Limited (NASDAQ:VSTE) Short Interest Down 25.1% in March

Vast Renewables Limited (NASDAQ:VSTE) was the recipient of a large decline in short interest in March. As of March 31st, there was short interest totalling 756,200 shares, a decline of 25.1% from the March 15th total of 1,010,000 shares. Based on an average daily volume of 4,590,000 shares, the days-to-cover ratio is currently 0.2 days. Approximately 5.7% of the shares of the company are short sold.

Vast Renewables Trading Up 5.3 %

VSTE opened at $0.36 on Monday. The firm has a fifty day moving average price of $0.46 and a 200 day moving average price of $1.10. Vast Renewables has a 1 year low of $0.28 and a 1 year high of $8.00.

Institutional Investors Weigh In On Vast Renewables

A hedge fund recently bought a new stake in Vast Renewables stock. Virtu Financial LLC purchased a new position in shares of Vast Renewables Limited (NASDAQ:VSTE) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 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 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.