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

Midwest Energy Emissions Corp. (OTCMKTS:MEEC) was the target of a significant growth in short interest in 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 trading volume, of 136,200 shares, the days-to-cover ratio is currently 0.1 days.

Midwest Energy Emissions Stock Performance

MEEC stock remained flat at $0.81 during trading hours on Friday. The company had a trading volume of 74,699 shares, compared to its average volume of 151,624. The firm has a 50 day moving average of $0.76 and a 200-day moving average of $0.82. Midwest Energy Emissions has a fifty-two week low of $0.26 and a fifty-two week high of $1.40. The firm has a market capitalization of $76.00 million, a P/E ratio of 20.13 and a beta of 1.53.

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