Greenlane Renewables Inc. (OTCMKTS:GRNWF – Get Free Report) saw a large decline in short interest in the month of May. As of May 15th, there was short interest totaling 1,191 shares, a decline of 37.3% from the April 30th total of 1,900 shares. Based on an average daily trading volume, of 9,769 shares, the days-to-cover ratio is presently 0.1 days.
Greenlane Renewables Price Performance
Shares of GRNWF opened at $0.16 on Wednesday. The company’s fifty day moving average is $0.16 and its two-hundred day moving average is $0.17. Greenlane Renewables has a 1 year low of $0.06 and a 1 year high of $0.23.
About Greenlane Renewables
Greenlane Renewables Inc (OTCMKTS:GRNWF) is a renewable gas infrastructure company that develops, manufactures and services biogas upgrading systems to convert raw biogas into pipeline-quality renewable natural gas (RNG). The company’s technology portfolio includes water wash, membrane separation and hybrid solutions designed to remove carbon dioxide and other impurities from biogas streams, enabling end users to produce RNG for injection into natural gas grids or use as vehicle fuel.
In addition to its core equipment offerings, Greenlane Renewables provides comprehensive engineering, procurement and construction (EPC) services, as well as commissioning, performance optimization and aftermarket support.
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