Short Interest in Origin Materials, Inc. (NASDAQ:ORGNW) Rises By 326.9%

by · The Cerbat Gem

Origin Materials, Inc. (NASDAQ:ORGNW – Get Free Report) saw a large growth in short interest in December. As of December 31st, there was short interest totaling 2,429 shares, a growth of 326.9% from the December 15th total of 569 shares. Based on an average daily volume of 192,058 shares, the short-interest ratio is presently 0.0 days. Based on an average daily volume of 192,058 shares, the short-interest ratio is presently 0.0 days.

Origin Materials Price Performance

Origin Materials stock remained flat at $0.00 during trading on Tuesday. 22,732 shares of the company were exchanged, compared to its average volume of 81,738. Origin Materials has a one year low of $0.00 and a one year high of $0.14. The firm has a 50-day moving average of $0.01 and a 200 day moving average of $0.02.

About Origin Materials

(Get Free Report)

Origin Materials, Inc is a materials science company focused on the development and commercialization of sustainable carbon-negative materials. Founded in 2016 and headquartered in West Sacramento, California, the company has pioneered a platform that converts abundant carbon sources—such as wood residuals and other biomass—into key chemical building blocks. Origin’s proprietary process integrates thermochemical conversion and catalytic upgrading to produce intermediates that can replace fossil-based feedstocks in the production of plastics, textiles and other industrial materials.

At the core of Origin’s business is its carbon-negative materials platform, which enables the manufacture of bio-based chemicals including precursors for polyethylene terephthalate (PET) polymers and other specialty compounds.

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