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

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

Tidewater Renewables Price Performance

Shares of TDWRF stock remained flat at $0.56 on Thursday. The company has a 50 day moving average of $0.60 and a two-hundred day moving average of $1.93. Tidewater Renewables has a 52 week low of $0.55 and a 52 week high of $6.30.

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.