OriginOil Inc. (OTCMKTS:OCLN) Short Interest Up ∞ in May

by · The Markets Daily

OriginOil Inc. (OTCMKTS:OCLN – Get Free Report) was the target of a significant growth in short interest during the month of May. As of May 15th, there was short interest totaling 20,000 shares, a growth of ∞ from the April 30th total of 0 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 2,718,031 shares, the short-interest ratio is currently 0.0 days.

OriginOil Stock Up 16.7%

Shares of OCLN traded up $0.00 during trading hours on Monday, reaching $0.00. 791,983 shares of the company traded hands, compared to its average volume of 915,348. OriginOil has a 1-year low of $0.00 and a 1-year high of $0.00.

About OriginOil

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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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