Tidewater Midstream and Infrastructure Ltd. (OTCMKTS:TWMIF) Short Interest Update

Tidewater Midstream and Infrastructure Ltd. (OTCMKTS:TWMIF) was the recipient of a significant growth in short interest during the month of July. As of July 31st, there was short interest totaling 311,234 shares, a growth of 150.2% from the July 15th total of 124,390 shares. Based on an average daily volume of 9,608 shares, the short-interest ratio is presently 32.4 days.

Analyst Ratings Changes

TWMIF has been the subject of a number of research reports. Royal Bank Of Canada reiterated a “sector perform” rating on shares of Tidewater Midstream and Infrastructure in a report on Friday, May 8th. Scotiabank reissued a “sector perform” rating on shares of Tidewater Midstream and Infrastructure in a research report on Tuesday, July 21st. Two investment analysts have rated the stock with a Hold rating, According to MarketBeat, the stock currently has a consensus rating of “Hold”.

Tidewater Midstream and Infrastructure Stock Performance

Shares of Tidewater Midstream and Infrastructure stock opened at $15.57 on Friday. Tidewater Midstream and Infrastructure has a 1 year low of $2.98 and a 1 year high of $16.25. The firm’s 50-day simple moving average is $13.16 and its 200-day simple moving average is $9.57.

About Tidewater Midstream and Infrastructure

Tidewater Midstream and Infrastructure Ltd., trading OTCMKTS under the symbol TWMIF, is a Calgary-based energy infrastructure company specializing in midstream services. The company owns and operates a network of natural gas gathering systems, processing plants and liquids handling facilities. Its core activities include the processing of raw natural gas into marketable products, the transportation of natural gas liquids (NGLs) and condensate, and the storage and marketing of hydrocarbon products.

Operating primarily in the Western Canadian Sedimentary Basin, Tidewater Midstream serves oil and gas producers across Alberta and Saskatchewan.