Origin Materials, Inc. (NASDAQ:ORGNW) Short Interest Update

Origin Materials, Inc. (NASDAQ:ORGNW) was the target 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 short-interest ratio is currently 0.2 days.

Origin Materials Price Performance

ORGNW traded down $0.01 during mid-day trading on Friday, hitting $0.10. 13,674 shares of the stock were exchanged, compared to its average volume of 16,179. The firm’s fifty day moving average is $0.10 and its two-hundred day moving average is $0.09. Origin Materials has a 1-year low of $0.02 and a 1-year 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.