Renewi plc (OTCMKTS:SHMCF) Short Interest Up 213.7% in December

Renewi plc (OTCMKTS:SHMCF) was the target of a large increase in short interest in December. As of December 31st, there was short interest totalling 728,000 shares, an increase of 213.7% from the December 15th total of 232,100 shares. Based on an average trading volume of 0 shares, the short-interest ratio is presently ∞ days.

Renewi Price Performance

SHMCF stock opened at $7.73 on Tuesday. The stock’s 50 day simple moving average is $7.73 and its 200 day simple moving average is $7.59. Renewi has a 12-month low of $7.73 and a 12-month high of $7.73.

Renewi Company Profile

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.