Avantium (OTCMKTS:AVTXF – Get Free Report) saw a large increase in short interest during the month of October. As of October 30th, there was short interest totaling 4,138 shares, an increase of 341.2% from the October 15th total of 938 shares. Based on an average daily volume of 184 shares, the short-interest ratio is presently 22.5 days.
Avantium Price Performance
OTCMKTS:AVTXF opened at C$5.64 on Friday. Avantium has a 12 month low of C$5.30 and a 12 month high of C$12.65. The firm’s 50 day moving average is C$5.85 and its 200 day moving average is C$7.80.
About Avantium
Avantium N.V. is a Netherlands-based technology company focused on renewable chemistry and sustainable materials. It develops processes that use plant-based and other renewable feedstocks to produce chemicals and polymers. The company’s YXY® technology converts plant-based sugars into FDCA, a building block for PEF, a recyclable, bio-based plastic designed for uses including packaging and textiles. Avantium also develops technologies to produce renewable chemical building blocks and industrial sugars from biomass.
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