Origin Materials, Inc. (NASDAQ:ORGNW) Short Interest Update

Origin Materials, Inc. (NASDAQ:ORGNW) was the recipient of a significant drop in short interest during the month of July. As of July 31st, there was short interest totalling 100 shares, a drop of 98.0% from the July 15th total of 5,100 shares. Based on an average daily trading volume, of 49,800 shares, the short-interest ratio is presently 0.0 days.

Origin Materials Price Performance

Shares of ORGNW stock remained flat at $0.04 on Wednesday. 204,763 shares of the stock traded hands, compared to its average volume of 72,648. Origin Materials has a one year low of $0.02 and a one year high of $0.14. The company has a fifty day simple moving average of $0.05 and a two-hundred day simple moving average of $0.04.

Origin Materials Company Profile

Origin Materials, Inc, together with its subsidiaries, operates as a carbon-negative materials company. The company develops a proprietary biomass conversion platform to convert biomass, or plant-based carbon into building block chemicals chloromethylfurfural and hydrothermal carbon, as well as other oils and extractives and other co-products.