Avantium (OTCMKTS:AVTXF – Get Free Report) saw 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 days-to-cover ratio is currently 53.8 days.
Avantium Stock Performance
AVTXF opened at C$5.64 on Wednesday. Avantium has a twelve month low of C$5.30 and a twelve month high of C$12.65. The company has a fifty day moving average of C$6.47 and a 200-day moving average of C$8.10.
Avantium Company Profile
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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