Avantium (OTCMKTS:AVTXF) Short Interest Up 200.0% in October

Avantium (OTCMKTS:AVTXF) was the recipient of a large growth in short interest during the month of October. As of October 15th, there was short interest totalling 300 shares, a growth of 200.0% from the September 30th total of 100 shares. Based on an average daily trading volume, of 1,800 shares, the days-to-cover ratio is currently 0.2 days.

Avantium Price Performance

Shares of OTCMKTS:AVTXF opened at C$3.01 on Friday. Avantium has a 1-year low of C$1.74 and a 1-year high of C$4.55. The business’s 50 day moving average is C$2.40 and its 200-day moving average is C$2.54.

About Avantium

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.