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

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

Corbion Stock Performance

Shares of CSNVY remained flat at $22.30 during midday trading on Friday. Corbion has a twelve month low of $19.96 and a twelve month high of $28.56. The stock’s 50-day moving average is $22.87 and its two-hundred day moving average is $24.39.

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.