The Coretec Group Inc. (OTCMKTS:CRTG) Sees Large Decrease in Short Interest

The Coretec Group Inc. (OTCMKTS:CRTGGet Rating) was the target of a large drop in short interest in April. As of April 30th, there was short interest totalling 5,600 shares, a drop of 60.8% from the April 15th total of 14,300 shares. Based on an average trading volume of 145,200 shares, the days-to-cover ratio is presently 0.0 days.

OTCMKTS:CRTG opened at $0.04 on Thursday. The stock has a fifty day simple moving average of $0.05 and a 200 day simple moving average of $0.05. The company has a quick ratio of 13.64, a current ratio of 13.64 and a debt-to-equity ratio of 0.31. The firm has a market capitalization of $11.25 million, a price-to-earnings ratio of -2.20 and a beta of 1.24. The Coretec Group has a 1-year low of $0.04 and a 1-year high of $0.29.

The Coretec Group Company Profile (Get Rating)

The Coretec Group Inc, together with its subsidiary Coretec Industries, LLC, develops, tests, and provides various technologies, products, and service solutions for energy-related industries in the United States and internationally. The company owns the rights to a patented volumetric 3D display technology.

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