Short Interest in Tidewater Renewables Ltd. (OTCMKTS:TDWRF) Decreases By 99.1%

Tidewater Renewables Ltd. (OTCMKTS:TDWRF) was the recipient of a large decrease in short interest during the month of April. As of April 30th, there was short interest totaling 65 shares, a decrease of 99.1% from the April 15th total of 7,542 shares. Based on an average daily volume of 24,804 shares, the short-interest ratio is currently 0.0 days.

Tidewater Renewables Stock Up 5.7%

TDWRF stock traded up $0.44 during mid-day trading on Monday, reaching $8.22. The company’s stock had a trading volume of 100 shares, compared to its average volume of 9,856. Tidewater Renewables has a fifty-two week low of $0.82 and a fifty-two week high of $8.48. The company’s 50 day moving average is $5.63 and its two-hundred day moving average is $3.31.

Wall Street Analysts Forecast Growth

Separately, Royal Bank Of Canada restated a “sector perform” rating on shares of Tidewater Renewables in a research report on Friday. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat, Tidewater Renewables currently has an average rating of “Hold”.

About Tidewater Renewables

Tidewater Renewables (OTCMKTS:TDWRF) is a Canada-based renewable fuels company engaged in the production and distribution of low-carbon energy products. Its primary asset is a renewable diesel facility located in Geismar, Louisiana, where the company converts a variety of feedstocks—such as canola oil, soybean oil, and animal fats—into renewable diesel, renewable hydrogen and glycerin byproducts. Tidewater also develops renewable natural gas (RNG) projects, leveraging organic waste streams to produce pipeline-quality methane for industrial and utility customers.

The company sources feedstocks through an integrated procurement network across North America, emphasizing traceability and sustainability.