OriginOil Inc. (OTCMKTS:OCLN – Get Free Report) saw a large decline in short interest in July. As of July 15th, there was short interest totaling 384,569 shares, a decline of 34.5% from the June 30th total of 587,196 shares. Based on an average daily trading volume, of 1,815,052 shares, the short-interest ratio is currently 0.2 days. Currently, 0.0% of the shares of the stock are short sold.
OriginOil Stock Performance
OriginOil stock remained flat at $0.00 during midday trading on Friday. The company’s stock had a trading volume of 32,000 shares, compared to its average volume of 627,083. OriginOil has a 1 year low of $0.00 and a 1 year high of $0.00.
About OriginOil
OriginOil, Inc (OTCMKTS:OCLN) is a technology company specializing in advanced systems for resource extraction and water treatment. The company develops and licenses proprietary separation technologies designed to recover valuable hydrocarbons from biological and mineral sources, as well as to remove contaminants from industrial wastewater. Its core platform utilizes ultrasonic cavitation and tailored chemical processes to enable single-step extraction of oils and efficient separation of solids from liquids.
Founded in 2005 and headquartered in El Segundo, California, OriginOil initially focused on enabling commercial-scale production of algae-derived biofuels.
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