Desert Mountain Energy Corp. (OTCMKTS:DMEHF) Short Interest Down 54.0% in November

Desert Mountain Energy Corp. (OTCMKTS:DMEHF) was the target of a large decline in short interest in November. As of November 30th, there was short interest totalling 23,700 shares, a decline of 54.0% from the November 15th total of 51,500 shares. Based on an average trading volume of 30,100 shares, the days-to-cover ratio is presently 0.8 days.

Desert Mountain Energy Trading Down 9.1 %

Shares of Desert Mountain Energy stock traded down 0.02 during trading hours on Friday, reaching 0.18. 58,264 shares of the company’s stock were exchanged, compared to its average volume of 42,980. The company has a 50 day moving average of 0.22 and a two-hundred day moving average of 0.23. Desert Mountain Energy has a fifty-two week low of 0.16 and a fifty-two week high of 0.33.

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.