De Grey Mining Limited (OTCMKTS:DGMLF) Sees Large Decrease in Short Interest

De Grey Mining Limited (OTCMKTS:DGMLF) saw a significant drop in short interest in March. As of March 15th, there was short interest totalling 1,533,100 shares, a drop of 19.2% from the February 28th total of 1,897,700 shares. Based on an average daily volume of 12,000 shares, the short-interest ratio is currently 127.8 days.

De Grey Mining Stock Up 2.3 %

Shares of DGMLF stock traded up $0.03 on Wednesday, hitting $1.34. 38,218 shares of the stock were exchanged, compared to its average volume of 42,655. The firm’s 50 day moving average is $1.27 and its two-hundred day moving average is $1.11. De Grey Mining has a one year low of $0.67 and a one year 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.