Origin Materials, Inc. (NASDAQ:ORGNW) Short Interest Up 161.3% in March

Origin Materials, Inc. (NASDAQ:ORGNW) saw a significant growth in short interest in 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 daily volume of 28,100 shares, the days-to-cover ratio is currently 0.7 days.

Origin Materials Stock Performance

Shares of NASDAQ:ORGNW opened at $0.05 on Thursday. The stock’s fifty day simple moving average is $0.09 and its two-hundred day simple moving average is $0.10. Origin Materials has a 1-year low of $0.02 and a 1-year high of $0.20.

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.