Short Interest in Origin Materials, Inc. (NASDAQ:ORGNW) Rises By 161.3%

Origin Materials, Inc. (NASDAQ:ORGNW) was the recipient of a large increase in short interest in the month of March. As of March 15th, there was short interest totalling 19,600 shares, an increase of 161.3% from the February 28th total of 7,500 shares. Based on an average daily trading volume, of 28,100 shares, the days-to-cover ratio is presently 0.7 days.

Origin Materials Trading Down 7.5 %

Shares of NASDAQ:ORGNW traded down $0.00 during trading on Friday, reaching $0.05. 17,845 shares of the company traded hands, compared to its average volume of 24,111. The firm has a fifty day simple moving average of $0.09 and a 200 day simple moving average of $0.10. 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.