Short Interest in Greenlane Renewables Inc. (OTCMKTS:GRNWF) Declines By 66.4%

Greenlane Renewables Inc. (OTCMKTS:GRNWF) was the recipient of a significant decline in short interest in May. As of May 29th, there was short interest totaling 400 shares, a decline of 66.4% from the May 14th total of 1,191 shares. Based on an average trading volume of 12,755 shares, the days-to-cover ratio is presently 0.0 days.

Greenlane Renewables Stock Performance

Greenlane Renewables stock remained flat at $0.15 during midday trading on Friday. 5,796 shares of the company’s stock traded hands, compared to its average volume of 6,535. The business’s 50 day simple moving average is $0.16 and its 200-day simple moving average is $0.17. Greenlane Renewables has a 12-month low of $0.06 and a 12-month high of $0.23.

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.