Corbion (OTCMKTS:CSNVY – Get Free Report) was the recipient of a large decrease in short interest in May. As of May 29th, there was short interest totaling 114 shares, a decrease of 64.6% from the May 14th total of 322 shares. Based on an average daily volume of 64 shares, the short-interest ratio is currently 1.8 days.
Corbion Stock Performance
OTCMKTS:CSNVY opened at $21.83 on Friday. Corbion has a one year low of $19.81 and a one year high of $25.50. The business has a fifty day moving average price of $21.76 and a 200-day moving average price of $22.12.
Corbion Company Profile
Corbion NV (OTCMKTS: CSNVY) is a global leader in sustainable food and biobased ingredients. Headquartered in Amsterdam, the company specializes in the development, production and sale of lactic acid and its derivatives, emulsifiers, enzymes and bio-preservation solutions. Corbion’s products are used to improve food quality and safety, extend shelf life, enhance nutritional value and support environmentally friendly materials.
The company’s core offerings include high-purity lactic acid, lactides for use in polylactic acid (PLA) bioplastics, and a range of specialty emulsifiers and enzymes for bakery, dairy, meat and plant-based applications.
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