Greenlane Renewables Inc. (OTCMKTS:GRNWF) Sees Significant Decline in Short Interest

Greenlane Renewables Inc. (OTCMKTS:GRNWFGet Free Report) saw a significant drop in short interest in the month of May. As of May 29th, there was short interest totaling 400 shares, a drop of 66.4% from the May 14th total of 1,191 shares. Based on an average daily volume of 12,755 shares, the short-interest ratio is currently 0.0 days.

Greenlane Renewables Stock Performance

GRNWF opened at $0.16 on Thursday. The firm’s 50 day moving average is $0.16 and its 200-day moving average is $0.17. Greenlane Renewables has a 52-week low of $0.06 and a 52-week high of $0.23.

Greenlane Renewables Company Profile

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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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