Could THERMAL ENERGY INTERNATIONAL (OTCMKTS:TMGEF) Skyrocket? The Stock Has Too Many Sellers

January 8, 2018 - By olga

The stock of THERMAL ENERGY INTERNATIONAL (OTCMKTS:TMGEF) registered an increase of 100% in short interest. TMGEF’s total short interest was 200 shares in January as published by FINRA. Its up 100% from 100 shares, reported previously.

It closed at $0.0735 lastly. It is down 0.00% since January 8, 2017 and is . It has underperformed by 16.70% the S&P500.

Thermal Energy International Inc. engages in the development, engineering, and supply of pollution control, heat recovery systems, and condensate return solutions. The company has market cap of $9.75 million. It products include GEM steam traps; FLU-ACE, a direct contact condensing heat recovery system that recycles the heat lost through the boiler flue gas exhaust; and Dry Rex, a low temperature biomass drying systems. It has a 36.75 P/E ratio. The firm also provides turn-key thermal energy solutions, as well as sells water treatment services and products.

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