Short Interest in Midwest Energy Emissions Corp. (OTCMKTS:MEEC) Increases By 118.2%

Midwest Energy Emissions Corp. (OTCMKTS:MEECGet Free Report) saw a large increase in short interest in the month of May. As of May 31st, there was short interest totalling 2,400 shares, an increase of 118.2% from the May 15th total of 1,100 shares. Based on an average daily trading volume, of 116,000 shares, the short-interest ratio is currently 0.0 days.

Midwest Energy Emissions Price Performance

Shares of MEEC remained flat at $0.77 during mid-day trading on Thursday. The stock had a trading volume of 11,819 shares, compared to its average volume of 196,518. The business has a 50 day moving average of $0.81 and a 200-day moving average of $0.90. The firm has a market capitalization of $72.29 million, a price-to-earnings ratio of 19.15 and a beta of 1.50. Midwest Energy Emissions has a 12 month low of $0.20 and a 12 month high of $1.40.

Midwest Energy Emissions (OTCMKTS:MEECGet Free Report) last issued its quarterly earnings results on Thursday, May 16th. The industrial products company reported ($0.03) earnings per share for the quarter. The business had revenue of $3.56 million for the quarter. Research analysts expect that Midwest Energy Emissions will post 0.03 earnings per share for the current fiscal year.

About Midwest Energy Emissions

(Get Free Report)

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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