Origin Materials, Inc. (NASDAQ:ORGNW) Short Interest Down 28.6% in October

Origin Materials, Inc. (NASDAQ:ORGNW) saw a large decline in short interest during the month of October. As of October 31st, there was short interest totalling 3,500 shares, a decline of 28.6% from the October 15th total of 4,900 shares. Based on an average daily trading volume, of 75,000 shares, the days-to-cover ratio is currently 0.0 days.

Origin Materials Trading Down 11.7 %

Shares of NASDAQ:ORGNW traded down $0.01 during mid-day trading on Thursday, reaching $0.08. The company had a trading volume of 45,724 shares, compared to its average volume of 72,625. Origin Materials has a one year low of $0.02 and a one year high of $0.20. The company’s 50-day moving average price is $0.11 and its 200-day moving average price is $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.