Corbion (OTCMKTS:CSNVY) Sees Large Drop in Short Interest

Corbion (OTCMKTS:CSNVY) was the target of a significant decrease in short interest during the month of February. As of February 15th, there was short interest totalling 300 shares, a decrease of 40.0% from the January 31st total of 500 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is presently 3.0 days.

Corbion Stock Performance

Corbion stock traded up $0.01 during trading hours on Tuesday, reaching $22.86. 139 shares of the company’s stock were exchanged, compared to its average volume of 264. The firm’s 50 day simple moving average is $22.87 and its 200 day simple moving average is $24.69. Corbion has a twelve month low of $19.96 and a twelve month high of $28.56.

About Corbion

Corbion N.V. provides lactic acid and lactic acid derivatives, other ferment, functional enzyme blends, minerals, vitamins, and algae ingredients worldwide. It offers ingredient solutions for the food, home and personal care, animal nutrition, supplements, pharmaceuticals, medical devices, and bioplastics markets.