Tidewater Midstream and Infrastructure Ltd. (OTCMKTS:TWMIF) Sees Large Decrease in Short Interest

Tidewater Midstream and Infrastructure Ltd. (OTCMKTS:TWMIFGet Rating) was the target of a large decrease in short interest in the month of April. As of April 15th, there was short interest totalling 230,800 shares, a decrease of 53.5% from the March 31st total of 496,400 shares. Based on an average daily trading volume, of 16,700 shares, the short-interest ratio is presently 13.8 days.

Separately, CIBC raised their price target on shares of Tidewater Midstream and Infrastructure from C$1.70 to C$2.00 in a report on Tuesday, January 11th.

OTCMKTS TWMIF opened at $0.96 on Friday. Tidewater Midstream and Infrastructure has a fifty-two week low of $0.84 and a fifty-two week high of $1.26. The stock has a 50 day simple moving average of $1.03 and a two-hundred day simple moving average of $1.06.

About Tidewater Midstream and Infrastructure (Get Rating)

Tidewater Midstream and Infrastructure Ltd., through its subsidiaries, operates as a diversified midstream and infrastructure company in North America. It primarily focuses on natural gas, natural gas liquids (NGLs), and crude oil operations and processing plants located in the Deep Basin, Edmonton, and Montney regions of Alberta and British Columbia.

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