Origin Materials, Inc. (NASDAQ:ORGN) shares dropped on Monday. The company recently announced the appointment of a new CFO.
What To Know: Last Monday, Origin Materials announced the appointment of Matt Plavan as CFO, effective Oct. 30. Plavan will replace interim CFO Pam Haley, who has served in this position since Sept. 1.
According to data from Benzinga Pro, Origin stock experienced above-average trading volume of 5.71 million shares on Monday compared to its average volume of 2.67 million.
The stock also has increased short interest with 7.55% of shares currently sold short.
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ORGN Price Action: Shares of ORGN were down 20.6% at $0.89 at the time of publication, according to Benzinga Pro.
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