Short Interest in The Coretec Group Inc. (OTCMKTS:CRTG) Declines By 50.8%

The Coretec Group Inc. (OTCMKTS:CRTG) was the target of a significant decline in short interest in the month of June. As of June 15th, there was short interest totalling 18,500 shares, a decline of 50.8% from the May 31st total of 37,600 shares. Based on an average trading volume of 450,500 shares, the days-to-cover ratio is presently 0.0 days.

The Coretec Group Price Performance

CRTG stock traded down $0.00 on Friday, reaching $0.02. 3,112,895 shares of the company were exchanged, compared to its average volume of 917,668. The company has a current ratio of 0.30, a quick ratio of 0.30 and a debt-to-equity ratio of 9.12. The stock’s fifty day moving average price is $0.01 and its 200 day moving average price is $0.02. The Coretec Group has a 12 month low of $0.00 and a 12 month high of $0.08.

About The Coretec Group

The Coretec Group Inc, together with its subsidiary Coretec Industries, LLC, engages in developing, testing, and providing various technologies, products, and service solutions for energy-related industries in the United States and internationally. The company's technologies and products are used in oil/gas, renewable energy, energy conservation, and distributed energy industries, as well as in anti-counterfeit packaging, medical device, electronic, photonic, display, and lighting market applications.