Short Interest in Cavitation Technologies, Inc. (OTCMKTS:CVAT) Drops By 38.3%

Cavitation Technologies, Inc. (OTCMKTS:CVAT) was the recipient of a large decrease in short interest in June. As of June 30th, there was short interest totaling 38,320 shares, a decrease of 38.3% from the June 15th total of 62,100 shares. Based on an average daily trading volume, of 620,151 shares, the days-to-cover ratio is presently 0.1 days.

Cavitation Technologies Stock Down 8.9%

Shares of OTCMKTS:CVAT opened at $0.03 on Friday. Cavitation Technologies has a 12 month low of $0.02 and a 12 month high of $0.11. The company has a 50-day moving average price of $0.03 and a 200 day moving average price of $0.03.

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.