Short Interest in MDM Permian, Inc. (OTCMKTS:MDMP) Drops By 90.0%

MDM Permian, Inc. (OTCMKTS:MDMP) saw a significant decrease in short interest in the month of February. As of February 15th, there was short interest totalling 1,900 shares, a decrease of 90.0% from the January 31st total of 19,000 shares. Based on an average trading volume of 221,500 shares, the short-interest ratio is presently 0.0 days.

MDM Permian Stock Up 3.1 %

Shares of OTCMKTS MDMP traded up $0.00 during mid-day trading on Friday, hitting $0.01. The company had a trading volume of 169,405 shares, compared to its average volume of 147,998. MDM Permian has a 1-year low of $0.01 and a 1-year high of $0.03. The business’s 50-day simple moving average is $0.01 and its 200 day simple 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.