Short Interest in EnWave Co. (OTCMKTS:NWVCF) Increases By 94.2%

EnWave Co. (OTCMKTS:NWVCF – Get Rating) was the target of a significant growth in short interest in the month of April. As of April 15th, there was short interest totalling 27,000 shares, a growth of 94.2% from the March 31st total of 13,900 shares. Based on an average daily trading volume, of 35,200 shares, the short-interest ratio is presently 0.8 days.

OTCMKTS NWVCF traded up $0.01 during trading hours on Friday, hitting $0.62. 5,854 shares of the company’s stock were exchanged, compared to its average volume of 20,422. The business’s 50 day moving average is $0.69 and its 200-day moving average is $0.74. EnWave has a 12-month low of $0.60 and a 12-month high of $1.30.

About EnWave (Get Rating)

EnWave Corporation designs, constructs, markets, licenses, installs, and sells vacuum-microwave machinery for the food, cannabis, and biomaterial dehydration industries in Canada and the United States. It offers radiant energy vacuum (REV) dehydration platforms, such as nutraREV and quantaREV to dehydrate fruits, vegetables, herbs, dairy products, ready-to-eat meals, instant baked goods, cannabis products, nutraceuticals, pharmaceuticals, and meats and seafood.

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