Desert Mountain Energy Corp. (OTCMKTS:DMEHF – Get Rating) was the recipient of a large increase in short interest in the month of January. As of January 31st, there was short interest totalling 311,300 shares, an increase of 5.6% from the January 15th total of 294,700 shares. Based on an average daily volume of 47,900 shares, the days-to-cover ratio is currently 6.5 days.
Desert Mountain Energy Stock Down 3.4 %
Shares of OTCMKTS DMEHF traded down 0.07 during trading hours on Friday, reaching 1.85. The stock had a trading volume of 23,900 shares, compared to its average volume of 26,222. Desert Mountain Energy has a fifty-two week low of 1.29 and a fifty-two week high of 3.54. The firm has a 50-day moving average of 2.09 and a 200-day moving average of 1.99.
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Desert Mountain Energy Corp. operates as a resource company, which focuses on then exploration, development, and production of helium, hydrogen, and noble gases. The company was founded on April 30, 2008 and is headquartered in Vancouver, Canada.
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