Is Buying PURATION INC (OTCMKTS:PURA), Having Higher Short Interest a Winning Strategy?

The stock of PURATION INC (OTCMKTS:PURA) registered an increase of 44.95% in short interest. PURA’s total short interest was 31,600 shares in May as published by FINRA. Its up 44.95% from 21,800 shares, reported previously.

The stock decreased 2.08% or $0.0015 during the last trading session, reaching $0.0705. About 1.21M shares traded. Puration, Inc. (OTCMKTS:PURA) has 0.00% since May 14, 2018 and is . It has underperformed by 4.37% the S&P500.

Puration Inc. engages in the design, development, production, marketing, and distribution of personal or individual water purification products. The company has market cap of $40.21 million. The companyÂ’s personal water filtration systems include personal water filter bottles, sports bottles, collapsible water pouches, portable purification devices, portable biological filtration devices, replacement filters, and travel filters. It currently has negative earnings. The Company’s products also include water filter pitchers, canteens, shower head filters, water filter pumps, and air-to-water machines.

More important recent Puration, Inc. (OTCMKTS:PURA) news were published by: Globenewswire.com which released: “DVLP Files Fully Audited Financials with SEC, Readies Uplist to OCTQB Following Record Sales Growth – GlobeNewswire” on May 02, 2019, also Nasdaq.com published article titled: “Puration Plans Major Cannabis Beverage Announcement To Coincide With Starbucks And Tilray Heating Up Cannabis Beverage Sector – Nasdaq”, Seekingalpha.com published: “Puration teams up with Generex Bio to develop CBC-infused water; shares up 4% – Seeking Alpha” on November 26, 2018. More interesting news about Puration, Inc. (OTCMKTS:PURA) was released by: Globenewswire.com and their article: “Golden Developing Solutions Reports Record 800% Jump in Combined-Entity Revenues for March 2019 – GlobeNewswire” with publication date: April 15, 2019.

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