EnWave Co. (OTCMKTS:NWVCF) Short Interest Down 27.8% in October

EnWave Co. (OTCMKTS:NWVCF) was the target of a significant drop in short interest during the month of October. As of October 15th, there was short interest totaling 3,900 shares, a drop of 27.8% from the September 30th total of 5,400 shares. Based on an average daily volume of 31,300 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily volume of 31,300 shares, the days-to-cover ratio is presently 0.1 days.

EnWave Price Performance

NWVCF stock traded down $0.02 during trading on Monday, hitting $0.24. 28,197 shares of the company’s stock traded hands, compared to its average volume of 19,704. EnWave has a 52 week low of $0.13 and a 52 week high of $0.39. The business has a fifty day simple moving average of $0.26 and a 200 day simple moving average of $0.27.

EnWave Company Profile

EnWave Corporation designs, constructs, markets, and sells vacuum-microwave machinery for the food, cannabis, and biomaterial dehydration industries in Canada and the United States. The company operates through EnWave and NutraDried segments. It also offers radiant energy vacuum (REV) platforms, such as nutraREV for dehydration of fruits, vegetables, herbs, dairy products, meats, and seafood; and quantaREV designed for low-temperature dehydration of solid, liquid, and granular or encapsulated food or cannabis products.