Midwest Energy Emissions Corp. (OTCMKTS:MEEC – Get Free Report) saw a significant increase in short interest in the month of August. As of August 31st, there was short interest totalling 14,500 shares, an increase of 480.0% from the August 15th total of 2,500 shares. Based on an average daily trading volume, of 136,200 shares, the short-interest ratio is currently 0.1 days.
Midwest Energy Emissions Stock Performance
Shares of OTCMKTS MEEC remained flat at $0.81 during mid-day trading on Friday. The company had a trading volume of 74,699 shares, compared to its average volume of 151,624. Midwest Energy Emissions has a 1 year low of $0.26 and a 1 year high of $1.40. The business has a 50-day simple moving average of $0.76 and a 200-day simple moving average of $0.82. The firm has a market capitalization of $76.00 million, a PE ratio of 20.13 and a beta of 1.53.
Midwest Energy Emissions (OTCMKTS:MEEC – Get Free Report) last released its quarterly earnings results on Monday, August 12th. The industrial products company reported ($0.07) EPS for the quarter. The business had revenue of $3.36 million for the quarter.
Midwest Energy Emissions Company Profile
Midwest Energy Emissions Corp., an environmental services and technology company, engages in developing and delivering solutions to the power industry in the United States and internationally. It provides mercury capture solutions. Its Sorbent Enhancement Additive (SEA) technology provides total mercury control with solutions that are based on a thorough scientific understanding of actual and probable interactions involved in mercury capture in coal-fired flue gas.
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