A Reversal for Cdti Advanced Materials Inc (NASDAQ:CDTI) Is Near. The Stock Has Decrease in Shorts

June 26, 2018 - By Jan Rainey

CDTi Advanced Materials, Inc. (NASDAQ:CDTI) Logo

The stock of Cdti Advanced Materials Inc (NASDAQ:CDTI) registered a decrease of 0.36% in short interest. CDTI’s total short interest was 1.00 million shares in June as published by FINRA. Its down 0.36% from 1.01M shares, reported previously. With 157,700 shares average volume, it will take short sellers 6 days to cover their CDTI’s short positions. The short interest to Cdti Advanced Materials Inc’s float is 9.86%.

The stock decreased 12.02% or $0.0759 during the last trading session, reaching $0.5556. About 496,193 shares traded. CDTi Advanced Materials, Inc. (NASDAQ:CDTI) has declined 77.69% since June 26, 2017 and is downtrending. It has underperformed by 90.26% the S&P500.

CDTI Advanced Materials, Inc. provides technology and solutions to the automotive emissions control markets in the United States, Canada, Sweden, France, Japan, Asia, and the United Kingdom. The company has market cap of $8.78 million. The Company’s catalyst products include diesel oxidation catalysts, catalyzed diesel particulate filters, and selective catalytic reduction catalysts for emissions control from diesel engine applications; and three-way catalysts. It currently has negative earnings. The firm also provides powder materials under the BMARS, Spinel, and MPC names for use in catalyst products for emission control from gasoline engines; and catalyst products for the control of carbon monoxide, hydrocarbons, particulate matter, and nitrogen oxide in light and heavy duty applications, as well as for energy applications.

More news for CDTi Advanced Materials, Inc. (NASDAQ:CDTI) were recently published by: Globenewswire.com, which released: “CDTi Advanced Materials, Inc. To Host Company Update Call June 25th” on June 21, 2018. Nasdaq.com‘s article titled: “CDTi Announces Proposed Rights Offering” and published on June 18, 2018 is yet another important article.

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