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

Cavitation Technologies, Inc. (OTCMKTS:CVAT) saw a large drop in short interest in the month of May. As of May 29th, there was short interest totaling 62,100 shares, a drop of 62.0% from the May 14th total of 163,493 shares. Based on an average daily trading volume, of 721,643 shares, the short-interest ratio is presently 0.1 days.

Cavitation Technologies Price Performance

Shares of CVAT stock opened at $0.02 on Friday. Cavitation Technologies has a 52 week low of $0.02 and a 52 week high of $0.11. The firm has a 50 day moving average of $0.03 and a two-hundred day moving average of $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.