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

Tidewater Renewables Ltd. (OTCMKTS:TDWRF) saw a significant increase in short interest during the month of December. As of December 15th, there was short interest totalling 3,100 shares, an increase of 47.6% from the November 30th total of 2,100 shares. Based on an average trading volume of 4,700 shares, the days-to-cover ratio is presently 0.7 days.

Tidewater Renewables Stock Performance

Shares of OTCMKTS:TDWRF opened at $0.59 on Friday. Tidewater Renewables has a 52-week low of $0.59 and a 52-week high of $6.30. The stock’s fifty day simple moving average is $0.90 and its 200-day simple moving average is $2.76.

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.