OriginOil Inc. (OTCMKTS:OCLN – Get Free Report) saw a large decrease in short interest during the month of July. As of July 15th, there was short interest totaling 384,569 shares, a decrease of 34.5% from the June 30th total of 587,196 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average trading volume of 1,815,052 shares, the days-to-cover ratio is currently 0.2 days.
OriginOil Stock Performance
Shares of OTCMKTS:OCLN remained flat at $0.00 during mid-day trading on Friday. 46,518 shares of the company were exchanged, compared to its average volume of 686,207. OriginOil has a 1-year low of $0.00 and a 1-year high of $0.00.
OriginOil Company Profile
OriginOil, Inc (OTCMKTS:OCLN) is a technology company specializing in advanced systems for resource extraction and water treatment. The company develops and licenses proprietary separation technologies designed to recover valuable hydrocarbons from biological and mineral sources, as well as to remove contaminants from industrial wastewater. Its core platform utilizes ultrasonic cavitation and tailored chemical processes to enable single-step extraction of oils and efficient separation of solids from liquids.
Founded in 2005 and headquartered in El Segundo, California, OriginOil initially focused on enabling commercial-scale production of algae-derived biofuels.
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