Short Interest in Origin Materials, Inc. (NASDAQ:ORGNW) Drops By 46.9%

Origin Materials, Inc. (NASDAQ:ORGNW) saw a significant decrease in short interest during the month of September. As of September 30th, there was short interest totalling 16,100 shares, a decrease of 46.9% from the September 15th total of 30,300 shares. Based on an average daily trading volume, of 70,700 shares, the short-interest ratio is currently 0.2 days.

Origin Materials Stock Performance

Shares of Origin Materials stock traded up $0.00 during trading hours on Friday, reaching $0.10. The company’s stock had a trading volume of 26,876 shares, compared to its average volume of 77,253. Origin Materials has a one year low of $0.02 and a one year high of $0.20. The firm has a 50 day moving average price of $0.10 and a 200-day moving average price of $0.07.

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.