Short Interest in Midwest Energy Emissions Corp. (OTCMKTS:MEEC) Increases By 480.0%

Midwest Energy Emissions Corp. (OTCMKTS:MEEC) saw a large growth in short interest during the month of August. As of August 31st, there was short interest totalling 14,500 shares, a growth of 480.0% from the August 15th total of 2,500 shares. Based on an average daily volume of 136,200 shares, the days-to-cover ratio is presently 0.1 days.

Midwest Energy Emissions Price Performance

Shares of MEEC stock remained flat at $0.81 on Friday. The company had a trading volume of 74,699 shares, compared to its average volume of 151,624. The company has a market cap of $76.00 million, a P/E ratio of 20.13 and a beta of 1.53. Midwest Energy Emissions has a twelve month low of $0.26 and a twelve month high of $1.40. The stock’s fifty day moving average is $0.76 and its two-hundred day moving average is $0.82.

Midwest Energy Emissions (OTCMKTS:MEEC) last posted its quarterly earnings results on Monday, August 12th. The industrial products company reported ($0.07) earnings per share (EPS) for the quarter. The company had revenue of $3.36 million during 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.