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

Tidewater Renewables Ltd. (OTCMKTS:TDWRF) was the target of a significant growth in short interest in the month of December. As of December 31st, there was short interest totalling 8,000 shares, a growth 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 currently 13.3 days.

Tidewater Renewables Trading Up 1.8 %

Shares of OTCMKTS:TDWRF traded up $0.01 during trading on Wednesday, hitting $0.56. The stock had a trading volume of 25,500 shares, compared to its average volume of 3,950. Tidewater Renewables has a 12-month low of $0.55 and a 12-month high of $6.30. The stock has a 50-day simple moving average of $0.71 and a two-hundred day simple moving average of $2.30.

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.