Danimer Scientific Inc DNMR

Chemicals Specialty Chemicals

Danimer Scientific, Inc. is a performance polymer company. The Company specializes in bioplastic replacements for traditional petroleum-based plastics. Its technologies include Polyhydroxyalkanoate (PHA)-based Resins, Polylactic acid (PLA)-based Resins and Rinnovo. It harvests the PHA from the bacteria, then purifies and filters the bioplastic before forming the non-formulated PHA into pellets. Its PHA is a naturally occurring bioplastic that effectively biodegrades in both anaerobic environments, such as a waste treatment facility, and aerobic environments. It sells the PHA under its proprietary Nodax brand name. PLA is made from dextrose derived from corn, sugar beets and sugar cane, among other sources. Applications for biopolymers include additives, aqueous coatings, fibers, filaments, films, thermoforming, and injection-molded articles. The Company primarily markets its products to consumer packaging brand owners, converters and manufacturers in the plastics industry.

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Danimer Scientific Inc

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Post by CommonCentsforDollarson Jun 25, 2021 7:22pm

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Post# 33454887

Shares Short reduced by 3.35 million

Share Statistics

Avg Vol (3 month) 3	2.77M
Avg Vol (10 day) 3	1.28M
Shares Outstanding 5	85.54M
Implied Shares Outstanding 6	85.72M
Float	68.15M
% Held by Insiders 1	33.35%
% Held by Institutions 1	43.98%
Shares Short (Jun 15, 2021) 4	7.46M
Short Ratio (Jun 15, 2021) 4	2.8
Short % of Float (Jun 15, 2021) 4	10.92%
Short % of Shares Outstanding (Jun 15, 2021) 4	8.72%
Shares Short (prior month May 14, 2021) 4	10.81M