Avantium (OTCMKTS:AVTXF – Get Free Report) was the target of a large increase in short interest during the month of September. As of September 30th, there was short interest totaling 1,828 shares, an increase of 94.7% from the September 15th total of 939 shares. Based on an average daily volume of 34 shares, the short-interest ratio is presently 53.8 days.
Avantium Price Performance
Shares of OTCMKTS:AVTXF opened at C$5.64 on Wednesday. Avantium has a 12-month low of C$5.30 and a 12-month high of C$12.65. The business has a fifty day simple moving average of C$6.47 and a 200 day simple moving average of C$8.10.
About Avantium
Avantium N.V. is a Dutch renewable chemistry company that develops technologies and materials designed to support the transition from fossil-based chemicals to renewable and circular alternatives. The company combines research and development, pilot-scale production and technology licensing to help customers create more sustainable plastics, chemicals and packaging materials.
Avantium’s best-known platform is its YXY Technology, which converts plant-based sugars into furandicarboxylic acid (FDCA), a building block for polyethylene furanoate (PEF).
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