Short Interest in MDM Permian, Inc. (OTCMKTS:MDMP) Rises By 260.3%

MDM Permian, Inc. (OTCMKTS:MDMP) saw a large growth in short interest in the month of December. As of December 31st, there was short interest totalling 26,300 shares, a growth of 260.3% from the December 15th total of 7,300 shares. Based on an average trading volume of 518,500 shares, the short-interest ratio is presently 0.1 days.

MDM Permian Stock Down 6.6 %

MDMP stock traded down $0.00 during trading on Monday, reaching $0.01. 211,123 shares of the stock were exchanged, compared to its average volume of 137,503. MDM Permian has a twelve month low of $0.01 and a twelve month high of $0.03. The firm’s 50 day moving average is $0.01 and its 200 day moving average is $0.01.

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.