Origin Materials, Inc. (NASDAQ:ORGNW) Sees Significant Growth in Short Interest

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

Origin Materials Stock Performance

Shares of ORGNW stock traded down $0.00 during trading hours on Friday, hitting $0.05. The company had a trading volume of 17,845 shares, compared to its average volume of 24,111. Origin Materials has a fifty-two week low of $0.02 and a fifty-two week high of $0.20. The company’s fifty day moving average is $0.09 and its 200 day moving average is $0.10.

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.