Short Interest in Midwest Energy Emissions Corp. (OTCMKTS:MEEC) Declines By 40.2%

Midwest Energy Emissions Corp. (OTCMKTS:MEEC - Get Free Report) saw a large drop in short interest in the month of April. As of April 15th, there was short interest totalling 46,200 shares, a drop of 40.2% from the March 31st total of 77,300 shares. Based on an average trading volume of 410,200 shares, the short-interest ratio is presently 0.1 days.

Midwest Energy Emissions Stock Performance

Shares of Midwest Energy Emissions stock traded down $0.01 on Friday, hitting $0.77. 142,577 shares of the company traded hands, compared to its average volume of 236,608. The stock has a market capitalization of $72.59 million, a P/E ratio of 15.60 and a beta of 1.37. Midwest Energy Emissions has a 52 week low of $0.20 and a 52 week high of $1.40. The business has a 50-day simple moving average of $0.96 and a 200 day simple moving average of $0.84.

Midwest Energy Emissions (OTCMKTS:MEEC - Get Free Report) last announced its quarterly earnings results on Tuesday, April 16th. The industrial products company reported ($0.14) earnings per share for the quarter. The company had revenue of $4.07 million for the quarter. Research analysts expect that Midwest Energy Emissions will post 0.03 earnings per share for the current year.

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.