Desert Mountain Energy Corp. (OTCMKTS:DMEHF) Short Interest Update

Desert Mountain Energy Corp. (OTCMKTS:DMEHF) was the recipient of a significant decline in short interest in November. As of November 15th, there was short interest totalling 51,500 shares, a decline of 11.2% from the October 31st total of 58,000 shares. Based on an average daily trading volume, of 50,100 shares, the short-interest ratio is currently 1.0 days.

Desert Mountain Energy Stock Up 7.2 %

DMEHF stock traded up 0.01 during trading on Tuesday, reaching 0.21. 92,547 shares of the company were exchanged, compared to its average volume of 41,459. Desert Mountain Energy has a 52-week low of 0.16 and a 52-week high of 0.33. The stock’s 50 day moving average price is 0.24 and its 200 day moving average price is 0.23.

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.