I'm using a square wave signal to drive a piezoelectric transducer. The transducer I'm using has a decay time of around 1.3ms. Is it possible to shorten the decay time by reversing the square wave signal (that is phase shifting it by 180˚) for a short period?
Not enough detail to hazard a guess. Are you saying you are driving it with an ultrasonic high frequency square wave, and it is ringing after the waveform ends, or it is a self-oscillating beeper and you are driving it with a DC level, and the audio has a tail on it, or what?
He does not say why he wants to shorten the ringing time.
I think the piezo transducer transmits an ultrasonic beep then is used as a echo receiver to determine distance. It cannot receive if it is still connected to a low impedance transmit circuit, so the circuit must be disconnected from the transducer, but maybe it is disconnected too soon.