Short Interest in Renewi plc (OTCMKTS:SHMCF) Expands By 9,184.0%

Renewi plc (OTCMKTS:SHMCF) saw a significant increase in short interest during the month of December. As of December 15th, there was short interest totalling 232,100 shares, an increase of 9,184.0% from the November 30th total of 2,500 shares. Based on an average daily volume of 1,200 shares, the short-interest ratio is presently 193.4 days.

Renewi Stock Performance

Shares of SHMCF stock remained flat at $7.73 during mid-day trading on Thursday. The business’s fifty day moving average price is $7.71 and its 200-day moving average price is $7.57. Renewi has a 1 year low of $7.73 and a 1 year high of $7.73.

About Renewi

Renewi plc, together with its subsidiaries, provides waste-to-product services. The company operates through Commercial Waste, Mineralz & Water, and Specialities segments. The Commercial Waste segment engages in the collection and treatment of commercial waste in the Netherlands and Belgium; and processing of wood, aggregates, plastics, paper products, and organic waste.