Tidewater Renewables Ltd. (OTCMKTS:TDWRF) Sees Significant Increase in Short Interest

Tidewater Renewables Ltd. (OTCMKTS:TDWRF) was the recipient of a large increase in short interest during 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 short-interest ratio is presently 13.3 days.

Tidewater Renewables Stock Up 1.8 %

Shares of Tidewater Renewables stock traded up $0.01 during trading on Wednesday, reaching $0.56. The company’s stock had a trading volume of 25,500 shares, 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 company has a 50-day simple moving average of $0.71 and a two-hundred day simple moving average of $2.30.

About Tidewater Renewables

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.