Tidewater Renewables Ltd. (OTCMKTS:TDWRF) Sees Large Increase in Short Interest

Tidewater Renewables Ltd. (OTCMKTS:TDWRF) saw a large growth in short interest in March. As of March 15th, there was short interest totalling 700 shares, a growth of 40.0% from the February 28th total of 500 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is presently 7.0 days.

Tidewater Renewables Price Performance

OTCMKTS TDWRF opened at $2.24 on Friday. Tidewater Renewables has a twelve month low of $0.55 and a twelve month high of $6.27. The company’s 50-day simple moving average is $1.05 and its 200 day simple moving average is $1.08.

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.