Short Interest in Origin Materials, Inc. (NASDAQ:ORGNW) Rises By 7,400.0%

Origin Materials, Inc. (NASDAQ:ORGNWGet Free Report) saw a large increase in short interest in February. As of February 28th, there was short interest totalling 7,500 shares, an increase of 7,400.0% from the February 13th total of 100 shares. Based on an average trading volume of 28,800 shares, the days-to-cover ratio is presently 0.3 days.

Origin Materials Trading Up 23.6 %

Shares of Origin Materials stock opened at $0.09 on Thursday. The company has a 50-day moving average of $0.10 and a 200 day moving average of $0.10. Origin Materials has a 1 year low of $0.02 and a 1 year high of $0.20.

About Origin Materials

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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.

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