Short Interest in Corbion (OTCMKTS:CSNVY) Expands By 50.0%

Corbion (OTCMKTS:CSNVYGet Free Report) was the target of a large growth in short interest in December. As of December 15th, there was short interest totalling 300 shares, a growth of 50.0% from the November 30th total of 200 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is presently 3.0 days.

Corbion Price Performance

Shares of Corbion stock remained flat at $22.25 during trading on Monday. Corbion has a 12-month low of $18.87 and a 12-month high of $28.56. The stock’s 50-day moving average is $25.13 and its 200-day moving average is $24.21.

About Corbion

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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.

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