Cavitation Technologies, Inc. (OTCMKTS:CVAT) Sees Significant Drop in Short Interest

Cavitation Technologies, Inc. (OTCMKTS:CVAT) was the target of a large drop in short interest in the month of May. As of May 29th, there was short interest totaling 62,100 shares, a drop of 62.0% from the May 14th total of 163,493 shares. Based on an average daily volume of 721,643 shares, the days-to-cover ratio is presently 0.1 days.

Cavitation Technologies Stock Up 6.3%

OTCMKTS CVAT traded up $0.00 during trading hours on Friday, hitting $0.02. The company had a trading volume of 150,826 shares, compared to its average volume of 541,464. The firm has a 50 day simple moving average of $0.03 and a 200 day simple 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

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.