Tidewater Renewables Ltd. (OTCMKTS:TDWRF) Short Interest Update

Tidewater Renewables Ltd. (OTCMKTS:TDWRF) saw a significant growth in short interest in June. As of June 15th, there was short interest totaling 60,797 shares, a growth of 619.2% from the May 31st total of 8,453 shares. Based on an average daily volume of 15,836 shares, the days-to-cover ratio is currently 3.8 days.

Analyst Ratings Changes

Separately, Royal Bank Of Canada reiterated a “sector perform” rating on shares of Tidewater Renewables in a report on Friday, May 8th. One analyst has rated the stock with a Hold rating, According to MarketBeat, the stock currently has an average rating of “Hold”.

Tidewater Renewables Price Performance

Tidewater Renewables stock opened at $9.00 on Friday. Tidewater Renewables has a 52 week low of $0.82 and a 52 week high of $9.83. The company’s 50 day moving average price is $7.89 and its two-hundred day moving average price is $4.78.

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.