Origin Materials, Inc. (NASDAQ:ORGNW) Short Interest Update

Origin Materials, Inc. (NASDAQ:ORGNW) saw a large decrease in short interest during the month of December. As of December 15th, there was short interest totaling 569 shares, a decrease of 75.5% from the November 30th total of 2,320 shares. Based on an average daily trading volume, of 51,373 shares, the short-interest ratio is presently 0.0 days. Based on an average daily trading volume, of 51,373 shares, the short-interest ratio is presently 0.0 days.

Origin Materials Trading Down 37.5%

ORGNW stock traded down $0.00 during midday trading on Friday, hitting $0.01. The company’s stock had a trading volume of 106,669 shares, compared to its average volume of 53,038. Origin Materials has a 12 month low of $0.00 and a 12 month high of $0.15. The company has a 50 day moving average of $0.02 and a two-hundred day moving average of $0.02.

Origin Materials Company Profile

Origin Materials, Inc is a materials science company focused on the development and commercialization of sustainable carbon-negative materials. Founded in 2016 and headquartered in West Sacramento, California, the company has pioneered a platform that converts abundant carbon sources—such as wood residuals and other biomass—into key chemical building blocks. Origin’s proprietary process integrates thermochemical conversion and catalytic upgrading to produce intermediates that can replace fossil-based feedstocks in the production of plastics, textiles and other industrial materials.

At the core of Origin’s business is its carbon-negative materials platform, which enables the manufacture of bio-based chemicals including precursors for polyethylene terephthalate (PET) polymers and other specialty compounds.