Tidewater Renewables Ltd. (OTCMKTS:TDWRF) Short Interest Update

Tidewater Renewables Ltd. (OTCMKTS:TDWRF) was the target of a significant growth in short interest in December. As of December 31st, there was short interest totalling 8,000 shares, a growth of 158.1% from the December 15th total of 3,100 shares. Based on an average daily trading volume, of 600 shares, the days-to-cover ratio is presently 13.3 days.

Tidewater Renewables Stock Performance

OTCMKTS:TDWRF remained flat at $0.56 during trading hours on Thursday. The company’s stock had a trading volume of 1,001 shares, compared to its average volume of 3,950. The business’s 50 day simple moving average is $0.69 and its 200-day simple moving average is $2.29. Tidewater Renewables has a fifty-two week low of $0.55 and a fifty-two week 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.