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.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter:

WP Twitter Auto Publish Powered By :