Greenlane Renewables Inc. (OTCMKTS:GRNWF – Get Free Report) saw a significant increase in short interest in the month of October. As of October 30th, there was short interest totaling 15,399 shares, an increase of 3,749.8% from the October 15th total of 400 shares. Based on an average daily volume of 60,756 shares, the short-interest ratio is currently 0.3 days.
Greenlane Renewables Stock Down 19.3%
Shares of OTCMKTS:GRNWF traded down $0.03 during midday trading on Tuesday, reaching $0.11. The company’s stock had a trading volume of 77,008 shares, compared to its average volume of 14,967. Greenlane Renewables has a 12-month low of $0.07 and a 12-month high of $0.22. The firm has a 50 day moving average of $0.12 and a 200-day moving average of $0.15.
About Greenlane Renewables
Greenlane Renewables Inc. develops and supplies equipment and systems used to produce renewable natural gas (RNG) from biogas. The company serves the growing biogas-to-RNG market by helping customers remove contaminants, carbon dioxide and other impurities from biogas generated by landfills, wastewater-treatment facilities, agricultural operations and other organic-waste sources. Its product portfolio includes biogas upgrading systems based on technologies such as pressure swing adsorption, membrane separation and water scrubbing.
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