Tidewater Midstream and Infrastructure Ltd. (OTCMKTS:TWMIF) Short Interest Up 81.5% in November

Tidewater Midstream and Infrastructure Ltd. (OTCMKTS:TWMIF) saw a large increase in short interest in the month of November. As of November 15th, there was short interest totalling 2,824,600 shares, an increase of 81.5% from the October 31st total of 1,555,900 shares. Based on an average daily volume of 5,180,300 shares, the short-interest ratio is presently 0.5 days.

Tidewater Midstream and Infrastructure Stock Performance

Shares of TWMIF remained flat at $0.10 during mid-day trading on Thursday. The stock had a trading volume of 330,500 shares, compared to its average volume of 544,150. The business has a 50-day simple moving average of $0.18 and a 200-day simple moving average of $0.31. Tidewater Midstream and Infrastructure has a 52-week low of $0.08 and a 52-week high of $0.80.

About Tidewater Midstream and Infrastructure

Tidewater Midstream and Infrastructure Ltd. operates as a diversified midstream and infrastructure company in the United States. The company primarily focuses on natural gas, natural gas liquids (NGLs), crude oil, refined products, and renewable products and services. It also engages in the sale of refined petroleum products, including gasoline, low sulphur diesel, and ancillary products, as well as renewable fuels and natural gas; and gathering, processing, transporting, extraction, and marketing of crude oil, natural gas, and NGLs.