Short Interest in Cavitation Technologies, Inc. (OTCMKTS:CVAT) Drops By 62.0%

Cavitation Technologies, Inc. (OTCMKTS:CVATGet Free Report) was the recipient of a significant decline in short interest in May. As of May 29th, there was short interest totaling 62,100 shares, a decline of 62.0% from the May 14th total of 163,493 shares. Based on an average trading volume of 721,643 shares, the days-to-cover ratio is currently 0.1 days.

Cavitation Technologies Price Performance

OTCMKTS CVAT traded up $0.00 during trading hours on Friday, reaching $0.02. The stock had a trading volume of 150,826 shares, compared to its average volume of 541,145. The stock has a fifty day moving average of $0.03 and a 200 day moving average of $0.04. Cavitation Technologies has a 52-week low of $0.02 and a 52-week high of $0.11.

About Cavitation Technologies

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Cavitation Technologies, Inc develops and commercializes industrial fluid?treatment and cleaning systems that harness the physical process of cavitation. By inducing controlled implosion of microbubbles in liquids—either through hydrodynamic or ultrasonic methods—the company’s equipment can remove scale, oil, biofilm and chemical residues without the need for aggressive solvents or high-pressure blasting. Cavitation’s technology platform is designed to improve efficiency, lower operational costs and reduce environmental impact in a variety of industrial applications.

The company’s product lineup includes bench?scale and skid?mounted cavitation reactors, ultrasonic cleaning units and integrated fluid?handling modules.

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