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

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

Tidewater Renewables Stock Performance

TDWRF remained flat at $0.56 during trading on Thursday. 1,001 shares of the company’s stock traded hands, compared to its average volume of 3,950. Tidewater Renewables has a 1 year low of $0.55 and a 1 year high of $6.30. The firm’s fifty day moving average price is $0.69 and its 200 day moving average price is $2.29.

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.