Short Interest in Tidewater Renewables Ltd. (OTCMKTS:TDWRF) Grows By 400.0%

Tidewater Renewables Ltd. (OTCMKTS:TDWRF) saw a significant growth in short interest in the month of October. As of October 31st, there was short interest totalling 500 shares, a growth of 400.0% from the October 15th total of 100 shares. Based on an average daily volume of 10,700 shares, the short-interest ratio is presently 0.0 days.

Tidewater Renewables Price Performance

TDWRF stock remained flat at $1.40 on Tuesday. 700 shares of the company traded hands, compared to its average volume of 5,513. Tidewater Renewables has a 1 year low of $1.35 and a 1 year high of $6.30. The firm’s 50-day simple moving average is $1.64 and its 200 day simple moving average is $3.87.

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.