Desert Mountain Energy Corp. (OTCMKTS:DMEHF) Short Interest Update

Desert Mountain Energy Corp. (OTCMKTS:DMEHF) was the target of a large growth in short interest in March. As of March 15th, there was short interest totalling 99,300 shares, a growth of 57.1% from the February 28th total of 63,200 shares. Based on an average daily volume of 121,900 shares, the days-to-cover ratio is currently 0.8 days.

Desert Mountain Energy Trading Down 5.4 %

Shares of Desert Mountain Energy stock traded down $0.01 on Friday, hitting $0.16. 30,789 shares of the company were exchanged, compared to its average volume of 52,439. Desert Mountain Energy has a 1-year low of $0.13 and a 1-year high of $0.33. The company has a 50-day moving average price of $0.17 and a 200 day moving average price of $0.21.

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.