Short Interest in Avantium (OTCMKTS:AVTXF) Rises By 475.0%

Avantium (OTCMKTS:AVTXF) saw a large growth in short interest during the month of March. As of March 15th, there was short interest totalling 2,300 shares, a growth of 475.0% from the February 28th total of 400 shares. Based on an average daily volume of 1,100 shares, the short-interest ratio is presently 2.1 days.

Avantium Stock Performance

AVTXF stock traded down C$0.10 during midday trading on Wednesday, reaching C$1.50. The company’s stock had a trading volume of 1,300 shares, compared to its average volume of 1,223. Avantium has a 1 year low of C$1.42 and a 1 year high of C$3.37. The stock has a fifty day simple moving average of C$1.78 and a two-hundred day simple moving average of C$2.08.

Avantium Company Profile

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.