Avantium (OTCMKTS:AVTXF) Sees Large Decrease in Short Interest

Avantium (OTCMKTS:AVTXF) was the recipient of a large drop in short interest in the month of November. As of November 15th, there was short interest totalling 100 shares, a drop of 98.0% from the October 31st total of 5,000 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is presently 1.0 days.

Avantium Stock Performance

Shares of AVTXF remained flat at C$2.05 during mid-day trading on Wednesday. Avantium has a 1 year low of C$1.74 and a 1 year high of C$4.55. The firm’s 50 day simple moving average is C$2.52 and its 200 day simple moving average is C$2.54.

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.