Cavitation Technologies, Inc. (OTCMKTS:CVAT – Get Free Report) saw a large decline in short interest in the month of September. As of September 15th, there was short interest totaling 3,930 shares, a decline of 90.1% from the August 31st total of 39,725 shares. Based on an average daily trading volume, of 1,066,599 shares, the short-interest ratio is currently 0.0 days.
Cavitation Technologies Stock Performance
Cavitation Technologies stock traded down $0.00 during mid-day trading on Friday, hitting $0.04. 74,000 shares of the company’s stock were exchanged, compared to its average volume of 527,803. Cavitation Technologies has a fifty-two week low of $0.02 and a fifty-two week high of $0.11. The company’s 50 day simple moving average is $0.04 and its 200-day simple moving average is $0.03.
Cavitation Technologies Company Profile
Cavitation Technologies, Inc develops and commercializes proprietary systems based on hydrodynamic cavitation, a process that uses controlled fluid dynamics to improve chemical and physical reactions. The company’s technology is designed to help industrial customers increase processing efficiency, reduce resource use, and improve the quality of finished products.
Its primary product applications include the refining and processing of edible oils, the production of biodiesel and other renewable fuels, and water and wastewater treatment.
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