Cavitation Technologies, Inc. (OTCMKTS:CVAT – Get Free Report) was the recipient of a large decrease in short interest during the month of 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 volume of 620,151 shares, the days-to-cover ratio is currently 0.1 days.
Cavitation Technologies Price Performance
Shares of OTCMKTS CVAT opened at $0.03 on Friday. The stock’s 50-day moving average is $0.03 and its 200 day moving average is $0.03. Cavitation Technologies has a 1-year low of $0.02 and a 1-year 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.
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