Midwest Energy Emissions Corp. (OTCMKTS:MEEC) Sees Large Growth in Short Interest

Midwest Energy Emissions Corp. (OTCMKTS:MEEC) was the recipient of 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 trading volume of 136,200 shares, the short-interest ratio is presently 0.1 days.

Midwest Energy Emissions Stock Performance

Shares of MEEC remained flat at $0.81 during trading hours on Friday. 74,699 shares of the stock were exchanged, compared to its average volume of 151,624. The stock has a market capitalization of $76.00 million, a price-to-earnings ratio of 20.13 and a beta of 1.53. Midwest Energy Emissions has a 1 year low of $0.26 and a 1 year high of $1.40. The stock has a 50-day moving average of $0.76 and a two-hundred day moving average of $0.82.

Midwest Energy Emissions (OTCMKTS:MEEC) last released its quarterly earnings data on Monday, August 12th. The industrial products company reported ($0.07) earnings per share (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.