Short Interest in Avantium (OTCMKTS:AVTXF) Increases By 1,566.7%

Avantium (OTCMKTS:AVTXF) was the recipient of a large growth in short interest in October. As of October 31st, there was short interest totalling 5,000 shares, a growth of 1,566.7% from the October 15th total of 300 shares. Based on an average daily volume of 2,100 shares, the short-interest ratio is currently 2.4 days.

Avantium Stock Performance

Shares of OTCMKTS AVTXF remained flat at C$2.15 during trading on Tuesday. The stock’s 50-day moving average is C$2.50 and its 200-day moving average is C$2.59. Avantium has a twelve month low of C$1.74 and a twelve month high of C$4.55.

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.