Short Interest in Methes Energies International Ltd. (OTCMKTS:MEIL) Grows By 96.6%

Methes Energies International Ltd. (OTCMKTS:MEIL – Get Rating) saw a large increase in short interest during the month of March. As of March 31st, there was short interest totalling 11,600 shares, an increase of 96.6% from the March 15th total of 5,900 shares. Based on an average daily trading volume, of 13,200 shares, the days-to-cover ratio is currently 0.9 days.

Shares of Methes Energies International stock opened at $0.08 on Friday. Methes Energies International has a one year low of $0.07 and a one year high of $0.98. The firm has a fifty day moving average of $0.10 and a two-hundred day moving average of $0.15.

About Methes Energies International (Get Rating)

Methes Energies International Ltd., a renewable energy company, produces and sells biodiesel fuel and biodiesel processing equipment in the United States and Canada. It offers Denami biodiesel processors. The company also produces glycerin and offer services related to the production of biodiesel, as well as purchases and sells feedstock.

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