Origin Materials, Inc. (NASDAQ:ORGNW) Sees Large Growth in Short Interest

Origin Materials, Inc. (NASDAQ:ORGNWGet Free Report) saw a significant growth in short interest in the month of April. As of April 15th, there was short interest totalling 138,900 shares, a growth of 46,200.0% from the March 31st total of 300 shares. Based on an average daily trading volume, of 88,900 shares, the days-to-cover ratio is presently 1.6 days.

Origin Materials Trading Up 14.0 %

Origin Materials stock opened at $0.05 on Friday. Origin Materials has a twelve month low of $0.02 and a twelve month high of $0.89. The company has a 50 day moving average of $0.03 and a 200-day moving average of $0.04.

Origin Materials Company Profile

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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.

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