Is Buying ORIGINCLEAR INC (OTCMKTS:OCLN), Having Higher Short Interest a Winning Strategy?

May 13, 2018 - By Ellis Scott

The stock of ORIGINCLEAR INC (OTCMKTS:OCLN) registered an increase of 25.74% in short interest. OCLN’s total short interest was 38,100 shares in May as published by FINRA. Its up 25.74% from 30,300 shares, reported previously. With 399,500 shares average volume, it will take short sellers 0 days to cover their OCLN’s short positions. The short interest to ORIGINCLEAR INC’s float is 0.04%.

The stock decreased 10.53% or $0.004 during the last trading session, reaching $0.034. About 284,559 shares traded or 7.74% up from the average. OriginClear, Inc. (OTCMKTS:OCLN) has 0.00% since May 13, 2017 and is . It has underperformed by 11.55% the S&P500.

OriginClear, Inc. provides water treatment solutions and develops water cleanup technology. The company has market cap of $4.62 million. The company, through its subsidiaries, offers systems and services to treat water in a range of industries, such as municipal, pharmaceutical, semiconductors, industrial, and gas and oil. It currently has negative earnings. It develops Electro Water Separation , a high-speed chemical-free water cleanup technology using multi-stage electrochemistry, which removes oils, suspended solids, certain dissolved solids, and pathogens.

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