Short Interest in Tidewater Renewables Ltd. (OTCMKTS:TDWRF) Expands By 400.0%

Tidewater Renewables Ltd. (OTCMKTS:TDWRF) was the target of a significant increase in short interest in October. As of October 31st, there was short interest totalling 500 shares, an increase of 400.0% from the October 15th total of 100 shares. Based on an average trading volume of 10,700 shares, the short-interest ratio is presently 0.0 days.

Tidewater Renewables Stock Performance

Shares of TDWRF stock traded down $0.12 during trading on Wednesday, hitting $1.28. 480 shares of the company were exchanged, compared to its average volume of 5,303. The business’s 50-day simple moving average is $1.63 and its 200 day simple moving average is $3.84. Tidewater Renewables has a twelve month low of $1.28 and a twelve month high of $6.30.

Tidewater Renewables Company Profile

Tidewater Renewables Ltd. engages in production of renewable fuel in North America. It intends to focus on the production of low carbon fuels, including renewable diesel, renewable hydrogen, and renewable natural gas, as well as carbon capture. The company intends to supply low carbon fuels to investment grade counterparties, existing customers, government entities, Indigenous groups, and others in the transportation, utilities, refining, marketing, and power industries.