Short Interest in Origin Materials, Inc. (NASDAQ:ORGNW) Rises By 78.6%

Origin Materials, Inc. (NASDAQ:ORGNW) was the recipient of a large increase in short interest during the month of December. As of December 31st, there was short interest totalling 7,500 shares, an increase of 78.6% from the December 15th total of 4,200 shares. Based on an average daily volume of 41,600 shares, the days-to-cover ratio is currently 0.2 days.

Origin Materials Stock Down 9.0 %

Origin Materials stock traded down $0.01 on Friday, reaching $0.10. 32,251 shares of the stock were exchanged, compared to its average volume of 17,914. The firm has a fifty day moving average price of $0.10 and a two-hundred day moving average price of $0.09. Origin Materials has a twelve month low of $0.02 and a twelve month high of $0.20.

Origin Materials Company Profile

Origin Materials, Inc, together with its subsidiaries, operates as a carbon-negative materials company. The company develops a proprietary biomass conversion platform to convert biomass, or plant-based carbon into building block chemicals chloromethylfurfural and hydrothermal carbon, as well as other oils and extractives and other co-products.