Cavitation Technologies, Inc. (OTCMKTS:CVAT – Get Free Report) saw a large growth in short interest during the month of May. As of May 15th, there was short interest totaling 163,493 shares, a growth of 87.5% from the April 30th total of 87,219 shares. Based on an average daily volume of 491,600 shares, the days-to-cover ratio is currently 0.3 days.
Cavitation Technologies Stock Up 0.7%
Shares of OTCMKTS CVAT opened at $0.03 on Wednesday. Cavitation Technologies has a 1 year low of $0.02 and a 1 year high of $0.11. The firm’s 50-day moving average is $0.03 and its 200-day moving average is $0.04.
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.
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