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

Tidewater Renewables Ltd. (OTCMKTS:TDWRF) was the target of a large decline in short interest in July. As of July 15th, there was short interest totalling 200 shares, a decline of 71.4% from the June 30th total of 700 shares. Based on an average trading volume of 0 shares, the short-interest ratio is currently ∞ days.

Tidewater Renewables Price Performance

Shares of OTCMKTS TDWRF remained flat at $5.50 during mid-day trading on Friday. Tidewater Renewables has a fifty-two week low of $4.39 and a fifty-two week high of $7.73. The stock has a 50-day simple moving average of $5.50 and a 200 day simple moving average of $5.26.

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.