Short Interest in Avantium (OTCMKTS:AVTXF) Grows By 700.0%

Avantium (OTCMKTS:AVTXF) was the target of a significant growth in short interest in August. As of August 31st, there was short interest totalling 1,600 shares, a growth of 700.0% from the August 15th total of 200 shares. Based on an average trading volume of 700 shares, the short-interest ratio is currently 2.3 days.

Avantium Price Performance

Shares of OTCMKTS AVTXF opened at C$1.74 on Friday. The stock has a 50 day moving average price of C$2.42 and a 200 day moving average price of C$2.47. Avantium has a 52 week low of C$1.74 and a 52 week high of C$4.55.

About Avantium

Avantium N.V., a chemical technology company, develops and commercializes renewable chemistry solutions in the Netherlands. The company operates through three segments: Avantium R&D Solutions, Avantium Renewable Chemistries, and Avantium Renewable Polymers. It offers furandicarboxylic acid, a building block for polyethylene furanoate (PEF); and PEF, a plant-based recyclable plastic for use as packaging material.