Origin Materials, Inc. (NASDAQ:ORGNW – Get Free Report) was the recipient of a significant growth in short interest during the month of February. As of February 13th, there was short interest totaling 7,739 shares, a growth of 137.4% from the January 29th total of 3,260 shares. Based on an average daily trading volume, of 30,083 shares, the days-to-cover ratio is presently 0.3 days. Based on an average daily trading volume, of 30,083 shares, the days-to-cover ratio is presently 0.3 days.
Origin Materials Price Performance
NASDAQ ORGNW opened at $0.00 on Friday. Origin Materials has a twelve month low of $0.00 and a twelve month high of $0.10.
About Origin Materials
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.
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