Avantium (OTCMKTS:AVTXF – Get Free Report) was the target of a significant decline in short interest in the month of April. As of April 30th, there was short interest totaling 400 shares, a decline of 98.2% from the April 15th total of 22,297 shares. Based on an average daily volume of 14 shares, the short-interest ratio is presently 28.6 days.
Avantium Stock Performance
OTCMKTS AVTXF remained flat at C$12.65 during trading on Monday. The firm’s 50 day simple moving average is C$8.23 and its 200-day simple moving average is C$8.03. Avantium has a one year low of C$6.70 and a one year high of C$18.90.
About Avantium
Avantium N.V. is a Netherlands-based technology company specializing in the development and commercialization of renewable chemistry solutions. The company focuses on the design of catalytic processes to convert plant-based sugars into high-performance materials, chemicals and fuels. Its core offering revolves around proprietary technologies that address both material performance and environmental sustainability, targeting industries such as packaging, coatings and specialty chemicals.
A flagship product of Avantium is polyethylene furanoate (PEF), a 100% plant-based polymer designed to replace conventional polyethylene terephthalate (PET) in applications including bottles, films and fibers.
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