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

Tidewater Midstream and Infrastructure Ltd. (OTCMKTS:TWMIF) saw a large growth in short interest in 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 trading volume of 9,608 shares, the days-to-cover ratio is currently 32.4 days.

Analysts Set New Price Targets

A number of research firms have issued reports on TWMIF. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Tidewater Midstream and Infrastructure in a research report on Friday, May 8th. Scotiabank restated a “sector perform” rating on shares of Tidewater Midstream and Infrastructure in a report on Tuesday, July 21st. Two equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, Tidewater Midstream and Infrastructure presently has an average rating of “Hold”.

Tidewater Midstream and Infrastructure Trading Up 3.1%

Shares of OTCMKTS TWMIF opened at $15.57 on Friday. The firm has a 50-day moving average price of $13.16 and a 200 day moving average price of $9.57. Tidewater Midstream and Infrastructure has a 52 week low of $2.98 and a 52 week high of $16.25.

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.