Avantium (OTCMKTS:AVTXF) Sees Significant Decrease in Short Interest

Avantium (OTCMKTS:AVTXF) saw a large decrease in short interest during the month of April. As of April 15th, there was short interest totalling 2,000 shares, a decrease of 20.0% from the March 31st total of 2,500 shares. Based on an average trading volume of 2,000 shares, the days-to-cover ratio is currently 1.0 days.

Avantium Stock Performance

OTCMKTS:AVTXF opened at C$0.87 on Friday. The company has a 50-day moving average of C$1.35 and a 200-day moving average of C$1.85. Avantium has a twelve month low of C$0.86 and a twelve month high of C$3.37.

Avantium Company Profile

Avantium N.V., a chemical technology company, develops and commercializes renewable chemistry solutions in the Netherlands. The company operates through three segments: Avantium R&D Solutions, Avantium Renewable Chemistries, and Avantium Renewable Polymers. It offers furandicarboxylic acid, a building block for polyethylene furanoate (PEF); and PEF, a plant-based recyclable plastic for use as packaging material.