Short Interest in Avantium (OTCMKTS:AVTXF) Grows By 475.0%

Avantium (OTCMKTS:AVTXF) saw a significant increase in short interest in the month of March. As of March 15th, there was short interest totalling 2,300 shares, an increase of 475.0% from the February 28th total of 400 shares. Based on an average trading volume of 1,100 shares, the short-interest ratio is presently 2.1 days.

Avantium Trading Up 6.0 %

OTCMKTS:AVTXF traded up C$0.09 during midday trading on Friday, reaching C$1.59. 365 shares of the company traded hands, compared to its average volume of 1,162. The company has a fifty day moving average price of C$1.77 and a 200 day moving average price of C$2.07. Avantium has a twelve month low of C$1.33 and a twelve month high of C$3.37.

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.