Avantium (OTCMKTS:AVTXF – Get Free Report) was the recipient of a large growth in short interest during the month of August. As of August 31st, there was short interest totaling 737 shares, a growth of 62.3% from the August 15th total of 454 shares. Based on an average trading volume of 51 shares, the days-to-cover ratio is presently 14.5 days.
Avantium Stock Performance
OTCMKTS AVTXF opened at C$6.83 on Friday. The company has a fifty day moving average price of C$7.33 and a 200-day moving average price of C$8.39. Avantium has a 1 year low of C$6.70 and a 1 year high of C$14.25.
About Avantium
Avantium N.V. is a Netherlands-based technology company specializing in the development and commercialization of renewable chemistry solutions. The company focuses on the design of catalytic processes to convert plant-based sugars into high-performance materials, chemicals and fuels. Its core offering revolves around proprietary technologies that address both material performance and environmental sustainability, targeting industries such as packaging, coatings and specialty chemicals.
A flagship product of Avantium is polyethylene furanoate (PEF), a 100% plant-based polymer designed to replace conventional polyethylene terephthalate (PET) in applications including bottles, films and fibers.
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