De Grey Mining Limited (OTCMKTS:DGMLF) Short Interest Update

De Grey Mining Limited (OTCMKTS:DGMLF) was the recipient of a large increase in short interest in June. As of June 15th, there was short interest totalling 16,624,800 shares, an increase of 18.8% from the May 31st total of 13,999,500 shares. Based on an average daily volume of 22,700 shares, the days-to-cover ratio is currently 732.4 days.

De Grey Mining Price Performance

OTCMKTS DGMLF traded up $0.05 during mid-day trading on Friday, reaching $0.76. 20,055 shares of the company’s stock traded hands, compared to its average volume of 24,793. De Grey Mining has a 1-year low of $0.65 and a 1-year high of $1.08. The company has a fifty day simple moving average of $0.76 and a 200-day simple moving average of $0.81.

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.