Save The World Air Inc. (OTCMKTS:QSEP) Shares Shorted: Short Interest Up 177.2% in October

Save The World Air Inc. (OTCMKTS:QSEP) was the target of a large growth in short interest in the month of October. As of October 30th, there was short interest totaling 293,752 shares, a growth of 177.2% from the October 15th total of 105,970 shares. Based on an average daily volume of 612,495 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.1% of the shares of the company are short sold.

Save The World Air Stock Performance

QSEP opened at $0.05 on Friday. Save The World Air has a 12 month low of $0.05 and a 12 month high of $0.25. The stock’s 50 day moving average price is $0.09 and its 200 day moving average price is $0.11.

Save The World Air Company Profile

Save The World Air, Inc. developed technologies intended to improve the transportation of heavy crude oil through pipelines. Its primary technology, known as Joule Heat or the Applied Oil Technology system, was designed to use electromagnetic energy to reduce the viscosity of heavy oil, potentially allowing it to flow more efficiently and reducing the need for conventional heating or chemical additives. The company focused on applications for the oil and gas industry, particularly the movement of high-viscosity crude and other challenging petroleum products.