Short Interest in Midwest Energy Emissions Corp. (OTCMKTS:MEEC) Declines By 76.9%
Midwest Energy Emissions Corp. (OTCMKTS:MEEC) was the target of a large drop in short interest in the month of 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 currently 0.0 days.
Shares of OTCMKTS:MEEC remained flat at $$0.70 during mid-day trading on Wednesday. 134,839 shares of the company were exchanged, compared to its average volume of 99,048. The stock has a fifty day moving average of $0.58 and a 200 day moving average of $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 results on Tuesday, November 24th. The industrial products company reported ($0.01) earnings per share for the quarter. The company had revenue of $2.81 million for the quarter.
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.
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