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

Tidewater Renewables Ltd. (OTCMKTS:TDWRF) was the recipient of a large decline in short interest during the month of October. As of October 15th, there was short interest totalling 100 shares, a decline of 93.8% from the September 30th total of 1,600 shares. Based on an average trading volume of 1,100 shares, the days-to-cover ratio is presently 0.1 days.

Tidewater Renewables Stock Performance

Shares of TDWRF stock remained flat at $1.36 on Friday. Tidewater Renewables has a 12-month low of $1.36 and a 12-month high of $6.30. The stock’s 50-day moving average price is $1.83 and its 200-day moving average price is $4.20.

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.