Short Interest in Greenlane Renewables Inc. (OTCMKTS:GRNWF) Decreases By 37.3%

Greenlane Renewables Inc. (OTCMKTS:GRNWF) was the target of a large decrease in short interest in the month of May. As of May 15th, there was short interest totaling 1,191 shares, a decrease of 37.3% from the April 30th total of 1,900 shares. Based on an average daily volume of 9,769 shares, the days-to-cover ratio is currently 0.1 days.

Greenlane Renewables Price Performance

OTCMKTS:GRNWF opened at $0.16 on Wednesday. Greenlane Renewables has a fifty-two week low of $0.06 and a fifty-two week high of $0.23. The firm’s fifty day simple moving average is $0.16 and its 200-day simple moving average is $0.17.

About Greenlane Renewables

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.