Short Interest in Midwest Energy Emissions Corp. (OTCMKTS:MEEC) Declines By 76.9%


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Midwest Energy Emissions Corp. (OTCMKTS:MEEC) was the target of a significant drop in short interest in December. As of December 31st, there was short interest totalling 600 shares, a drop of 76.9% from the December 15th total of 2,600 shares. Based on an average trading volume of 683,800 shares, the short-interest ratio is presently 0.0 days.

Shares of Midwest Energy Emissions stock remained flat at $$0.70 during trading on Wednesday. 134,839 shares of the stock traded hands, compared to its average volume of 99,048. The stock’s 50-day simple moving average is $0.58 and its 200 day simple moving average is $0.36. Midwest Energy Emissions has a 1-year low of $0.05 and a 1-year high of $0.74.

Midwest Energy Emissions (OTCMKTS:MEEC) last announced its quarterly earnings data on Tuesday, November 24th. The industrial products company reported ($0.01) EPS for the quarter. The company had revenue of $2.81 million for the quarter.

Midwest Energy Emissions Company Profile

Midwest Energy Emissions Corp. operates as an environmental services and technology company. It focuses on the delivery of mercury capture technologies to coal-fired power plants in the United States, Canada, Europe, and Asia. The company is headquartered in Corsicana, Texas.

See Also: Return On Assets

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