Cavitation Technologies, Inc. (OTCMKTS:CVAT) Sees Large Decline in Short Interest

Cavitation Technologies, Inc. (OTCMKTS:CVAT) was the target of a significant decline in short interest in the month of September. As of September 15th, there was short interest totaling 3,930 shares, a decline of 90.1% from the August 31st total of 39,725 shares. Based on an average daily trading volume, of 1,066,599 shares, the short-interest ratio is currently 0.0 days.

Cavitation Technologies Stock Down 2.1%

CVAT traded down $0.00 during trading hours on Friday, hitting $0.04. The company’s stock had a trading volume of 70,000 shares, compared to its average volume of 527,781. The company has a 50-day simple moving average of $0.04 and a 200 day simple moving average of $0.03. Cavitation Technologies has a fifty-two week low of $0.02 and a fifty-two week high of $0.11.

About Cavitation Technologies

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.