Short Interest in Methes Energies International Ltd. (OTCMKTS:MEIL) Decreases By 97.9%

Methes Energies International Ltd. (OTCMKTS:MEIL) was the target of a significant drop in short interest in the month of September. As of September 30th, there was short interest totalling 100 shares, a drop of 97.9% from the September 15th total of 4,700 shares. Based on an average daily volume of 66,000 shares, the days-to-cover ratio is currently 0.0 days.

Shares of Methes Energies International stock traded up $0.02 during trading hours on Thursday, reaching $0.23. The company’s stock had a trading volume of 1,690 shares, compared to its average volume of 161,072. Methes Energies International has a one year low of $0.01 and a one year high of $0.98. The stock’s fifty day simple moving average is $0.24 and its two-hundred day simple moving average is $0.26.

Methes Energies International Company Profile

Methes Energies International Ltd. operates as a biodiesel processing equipment provider. It operates through the United States and Canada geographic segments. The firm provides cold soak systems and biodiesel product post-treatment solutions. The company was founded by John Loewen and Han Swoong Ng on June 27, 2007 and is headquartered in Las Vegas, NV.

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