Short Interest in De Grey Mining Limited (OTCMKTS:DGMLF) Grows By 17.8%

De Grey Mining Limited (OTCMKTS:DGMLF) saw a significant growth in short interest in February. As of February 28th, there was short interest totalling 1,897,700 shares, a growth of 17.8% from the February 13th total of 1,610,500 shares. Based on an average daily volume of 7,500 shares, the days-to-cover ratio is currently 253.0 days.

De Grey Mining Trading Up 0.8 %

DGMLF opened at $1.31 on Friday. The stock has a fifty day simple moving average of $1.26 and a two-hundred day simple moving average of $1.08. De Grey Mining has a 12-month low of $0.67 and a 12-month high of $1.43.

About De Grey Mining

De Grey Mining Limited engages in the exploration of mineral properties in Australia. It primarily holds a 100% interest in the Mallina Gold project covering an area of approximately 1,500 square kilometers located in the Pilbara region of Western Australia. De Grey Mining Limited was incorporated in 2000 and is based in West Perth, Australia.