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Wavefront Technology Solutions Inc. (OTCMKTS:WFTSF) Sees Significant Decline in Short Interest

Defense World ·  Sep 14, 2022 17:32

Wavefront Technology Solutions Inc. (OTCMKTS:WFTSF – Get Rating) saw a large drop in short interest in the month of August. As of August 31st, there was short interest totalling 700 shares, a drop of 66.7% from the August 15th total of 2,100 shares. Based on an average daily trading volume, of 5,200 shares, the short-interest ratio is presently 0.1 days.

Wavefront Technology Solutions Price Performance

WFTSF stock opened at $0.07 on Wednesday. Wavefront Technology Solutions has a 12 month low of $0.05 and a 12 month high of $0.38. The firm's 50-day moving average is $0.08 and its 200 day moving average is $0.11.

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About Wavefront Technology Solutions

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Wavefront Technology Solutions Inc develops fluid injection technologies for oil and gas well stimulation, and improved/enhanced oil recovery in North America, the Middle East, and internationally. The company offers Powerwave process, an injection technology that improves the flow of fluids in geological materials, including sedimentary soils and fractured rock; and Primawave process, a method for aiding in-ground environmental remediation clean-up in contaminated sites.

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