EnWave Co. (OTCMKTS:NWVCF) Sees Large Decrease in Short Interest

EnWave Co. (OTCMKTS:NWVCF) was the recipient of a large drop in short interest during the month of September. As of September 15th, there was short interest totalling 27,000 shares, a drop of 14.6% from the August 31st total of 31,600 shares. Based on an average trading volume of 30,000 shares, the days-to-cover ratio is currently 0.9 days.

EnWave Stock Up 4.4 %

NWVCF opened at $0.17 on Friday. The stock’s 50 day moving average price is $0.16 and its 200-day moving average price is $0.18. EnWave has a one year low of $0.13 and a one year high of $0.28.

About EnWave

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.