Short Interest in Ocean Thermal Energy Co. (OTCMKTS:CPWR) Drops By 51.0%

Ocean Thermal Energy Co. (OTCMKTS:CPWR – Get Rating) saw a large decrease in short interest during the month of May. As of May 15th, there was short interest totalling 9,800 shares, a decrease of 51.0% from the April 30th total of 20,000 shares. Based on an average daily trading volume, of 149,900 shares, the days-to-cover ratio is presently 0.1 days.

Ocean Thermal Energy Price Performance

OTCMKTS CPWR opened at $0.01 on Friday. Ocean Thermal Energy has a 12 month low of $0.01 and a 12 month high of $0.04. The stock has a 50 day moving average of $0.01 and a 200-day moving average of $0.01.

Ocean Thermal Energy Company Profile

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Ocean Thermal Energy Corp. engages in the building, owning, and operation of renewable energy systems. The firm develops projects for renewable power generation, desalinated water production, and air conditioning. Its technology includes Ocean Thermal Energy Conversion, and Seawater and Lake Water Air Conditioning.