Desert Mountain Energy Corp. (OTCMKTS:DMEHF) Short Interest Up 846.9% in February

Desert Mountain Energy Corp. (OTCMKTS:DMEHF) was the target of a significant growth in short interest in February. As of February 15th, there was short interest totalling 60,600 shares, a growth of 846.9% from the January 31st total of 6,400 shares. Based on an average trading volume of 186,800 shares, the short-interest ratio is presently 0.3 days.

Desert Mountain Energy Stock Performance

Shares of Desert Mountain Energy stock traded up $0.01 on Thursday, hitting $0.16. The stock had a trading volume of 23,055 shares, compared to its average volume of 53,083. Desert Mountain Energy has a twelve month low of $0.15 and a twelve month high of $0.33. The stock has a 50 day moving average of $0.19 and a 200 day moving average of $0.22.

Desert Mountain Energy Company Profile

Desert Mountain Energy Corp. engages in the exploration and development of oil and gas, and mineral properties in the Southwestern United States. It holds interest in the Holbrook Basin helium project located in the Northern Arizona. The company was formerly known as African Queen Mines Ltd. and changed its name to Desert Mountain Energy Corp.