Avantium (OTCMKTS:AVTXF) Short Interest Update

Avantium (OTCMKTS:AVTXF) was the target of a large decline in short interest in May. As of May 15th, there was short interest totalling 3,000 shares, a decline of 70.0% from the April 30th total of 10,000 shares. Based on an average daily volume of 1,300 shares, the days-to-cover ratio is currently 2.3 days.

Avantium Price Performance

OTCMKTS AVTXF opened at C$18.90 on Friday. The firm has a 50-day moving average price of C$11.11 and a two-hundred day moving average price of C$16.16. Avantium has a 12-month low of C$0.86 and a 12-month high of C$3.37.

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.