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

Corbion (OTCMKTS:CSNVY) was the recipient of a large decline in short interest during the month of March. As of March 15th, there was short interest totalling 200 shares, a decline of 50.0% from the February 28th total of 400 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is presently 2.0 days.

Corbion Price Performance

CSNVY stock remained flat at $22.30 during midday trading on Friday. Corbion has a one year low of $19.96 and a one year high of $28.56. The business has a 50 day moving average of $22.87 and a two-hundred day moving average of $24.38.

Corbion Company Profile

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.