EnWave Co. (OTCMKTS:NWVCF) Short Interest Update

EnWave Co. (OTCMKTS:NWVCF) was the target of a significant drop in short interest during the month of May. As of May 31st, there was short interest totalling 20,000 shares, a drop of 25.9% from the May 15th total of 27,000 shares. Based on an average daily trading volume, of 18,400 shares, the short-interest ratio is currently 1.1 days.

EnWave Price Performance

OTCMKTS NWVCF remained flat at $0.17 during mid-day trading on Friday. 226 shares of the company were exchanged, compared to its average volume of 11,384. EnWave has a fifty-two week low of $0.15 and a fifty-two week high of $0.31. The company has a 50 day moving average of $0.18 and a 200 day moving average of $0.21.

EnWave Company Profile

EnWave Corporation designs, constructs, markets, and sells vacuum-microwave machinery for the food, cannabis, and biomaterial dehydration industries in Canada and the United States. The company operates through EnWave and NutraDried segments. It also offers radiant energy vacuum (REV) platforms, such as nutraREV for dehydration of fruits, vegetables, herbs, dairy products, meats, and seafood; and quantaREV designed for low-temperature dehydration of solid, liquid, and granular or encapsulated food or cannabis products.