Renewi plc (OTCMKTS:SHMCF) Sees Large Growth in Short Interest

Renewi plc (OTCMKTS:SHMCF) saw a significant increase in short interest in the month of November. As of November 30th, there was short interest totalling 2,500 shares, an increase of 108.3% from the November 15th total of 1,200 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Renewi Stock Performance

Renewi stock remained flat at $7.73 during mid-day trading on Friday. Renewi has a 12 month low of $7.73 and a 12 month high of $7.73. The firm’s fifty day simple moving average is $7.67 and its 200 day simple moving average is $7.56.

Renewi Company Profile

Renewi plc, together with its subsidiaries, provides waste-to-product services. The company operates through Commercial Waste, Mineralz & Water, and Specialities segments. The Commercial Waste segment engages in the collection and treatment of commercial waste in the Netherlands and Belgium; and processing of wood, aggregates, plastics, paper products, and organic waste.