Cavitation Technologies, Inc. (OTCMKTS:CVAT) Sees Large Increase in Short Interest

Cavitation Technologies, Inc. (OTCMKTS:CVAT) was the recipient of a significant growth in short interest in the month of August. As of August 31st, there was short interest totaling 39,725 shares, a growth of 397,150.0% from the August 15th total of 10 shares. Based on an average daily volume of 2,356,801 shares, the short-interest ratio is currently 0.0 days.

Cavitation Technologies Trading Down 3.4%

OTCMKTS CVAT traded down $0.00 on Thursday, reaching $0.05. 465,543 shares of the stock traded hands, compared to its average volume of 534,081. The company has a fifty day moving average price of $0.04 and a 200-day moving average price of $0.03. Cavitation Technologies has a 12 month low of $0.02 and a 12 month high of $0.11.

Cavitation Technologies Company Profile

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.