Cavitation Technologies, Inc. (OTCMKTS:CVAT) Short Interest Update
by Renee Jackson · The Cerbat GemCavitation Technologies, Inc. (OTCMKTS:CVAT – Get Free Report) was the recipient of a large growth in short interest in the month of August. As of August 31st, there was short interest totaling 39,725 shares, a growth of 397,150.0% from the August 15th total of 10 shares. Based on an average daily volume of 2,356,801 shares, the short-interest ratio is presently 0.0 days.
Cavitation Technologies Stock Performance
Shares of OTCMKTS:CVAT opened at $0.04 on Friday. The company’s 50 day moving average price is $0.04 and its two-hundred day moving average price is $0.03. Cavitation Technologies has a 12-month low of $0.02 and a 12-month high of $0.11.
Cavitation Technologies Company Profile
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.