Cavitation Technologies, Inc. (OTCMKTS:CVAT – Get Free Report) was the target of a significant drop in short interest in the month of September. As of September 15th, there was short interest totaling 3,930 shares, a drop 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 presently 0.0 days.
Cavitation Technologies Stock Performance
Shares of CVAT stock traded up $0.00 on Thursday, reaching $0.04. 370,474 shares of the company’s stock traded hands, compared to its average volume of 530,283. Cavitation Technologies has a 12-month low of $0.02 and a 12-month high of $0.11. The business’s 50 day moving average price is $0.04 and its two-hundred day moving average price is $0.03.
About Cavitation Technologies
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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