Desert Mountain Energy Corp. (OTCMKTS:DMEHF) Short Interest Up 846.9% in February

Desert Mountain Energy Corp. (OTCMKTS:DMEHF) was the recipient of a large growth in short interest during the month of February. As of February 15th, there was short interest totalling 60,600 shares, a growth of 846.9% from the January 31st total of 6,400 shares. Based on an average daily trading volume, of 186,800 shares, the short-interest ratio is currently 0.3 days.

Desert Mountain Energy Stock Performance

DMEHF stock traded up $0.00 during trading on Friday, hitting $0.16. The company had a trading volume of 58,760 shares, compared to its average volume of 53,319. Desert Mountain Energy has a one year low of $0.15 and a one year high of $0.33. The business has a 50-day moving average of $0.19 and a 200-day moving average of $0.21.

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.