Short Interest in Tidewater Renewables Ltd. (OTCMKTS:TDWRF) Decreases By 93.8%

Tidewater Renewables Ltd. (OTCMKTS:TDWRF) was the recipient of a large decrease in short interest in the month of October. As of October 15th, there was short interest totalling 100 shares, a decrease of 93.8% from the September 30th total of 1,600 shares. Based on an average trading volume of 1,100 shares, the short-interest ratio is presently 0.1 days.

Tidewater Renewables Stock Performance

Shares of TDWRF stock remained flat at $1.36 during trading hours on Friday. The firm’s 50-day moving average price is $1.83 and its 200 day moving average price is $4.20. Tidewater Renewables has a one year low of $1.36 and a one year high of $6.30.

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.