Cavitation Technologies, Inc. (OTCMKTS:CVAT) Stock Short Interest Declines 90.1%

Cavitation Technologies, Inc. (OTCMKTS:CVAT) was the target of a significant drop in short interest in 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 trading volume of 1,066,599 shares, the short-interest ratio is presently 0.0 days.

Cavitation Technologies Stock Performance

CVAT stock traded up $0.00 during mid-day trading on Thursday, hitting $0.04. The stock had a trading volume of 370,474 shares, compared to its average volume of 530,283. Cavitation Technologies has a 1-year low of $0.02 and a 1-year high of $0.11. The company has a fifty day moving average of $0.04 and a 200 day moving average of $0.03.

Cavitation Technologies Company Profile

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.