MDM Permian, Inc. (OTCMKTS:MDMP) Short Interest Down 90.0% in February

MDM Permian, Inc. (OTCMKTS:MDMP) was the recipient of a large drop in short interest during the month of February. As of February 15th, there was short interest totalling 1,900 shares, a drop of 90.0% from the January 31st total of 19,000 shares. Based on an average daily trading volume, of 221,500 shares, the short-interest ratio is presently 0.0 days.

MDM Permian Stock Down 3.0 %

MDMP traded down $0.00 during mid-day trading on Thursday, reaching $0.01. The stock had a trading volume of 23,460 shares, compared to its average volume of 147,436. The firm’s fifty day simple moving average is $0.01 and its two-hundred day simple moving average is $0.01. MDM Permian has a 52 week low of $0.01 and a 52 week high of $0.03.

MDM Permian Company Profile

MDM Permian, Inc engages in the drilling and production of oil and gas properties. It primarily focuses on the oil and gas drilling prospects in the Midland Basin of West Texas. The company is based in Addison, Texas.