Short Interest in Tidewater Renewables Ltd. (OTCMKTS:TDWRF) Rises By 50.0%
1,200.0% from the April 30th total of 50 shares. Based on an average daily volume of 4,500 shares, the short-interest ratio is presently 0.1 days. The company has a market cap of $2.34 million and a price-to-earnings ratio of -0.10. Tidewater Renewables Ltd. has a 1-year low of $0.02 and a 1-year
( ) received a significant increase in short-term interest in May. On May 15th there were 600 shares of short interest, an increase by 50.0% compared to the 400 shares on April 30th. The days-tocover ratio, based on an average daily volume of 1,100 shares is currently 0.5 days.
Tidewater Renewables Price Performance
The price of the stock remained unchanged at $6.45 on Friday during trading hours. The 50-day moving mean for the business is $6.95. A number of research analysts have published reports on TDWRF's shares. Stifel-Nicolaus downgraded Tidewater Renewables in a report published on Tuesday, 14th March from a "buy" rating to a "hold". Royal Bank of Canada reduced its price target on Tidewater renewables from C$18.00 down to C$15.00 on Friday, May 12.
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