MDM Permian, Inc. (OTCMKTS:MDMP) Short Interest Update

MDM Permian, Inc. (OTCMKTS:MDMP) was the recipient of a large increase in short interest during the month of March. As of March 15th, there was short interest totalling 13,200 shares, an increase of 676.5% from the February 28th total of 1,700 shares. Based on an average trading volume of 162,600 shares, the days-to-cover ratio is currently 0.1 days.

MDM Permian Stock Performance

OTCMKTS:MDMP remained flat at $0.01 during trading hours on Friday. The business’s 50 day moving average price is $0.01 and its two-hundred day moving average price is $0.01. MDM Permian has a twelve month low of $0.01 and a twelve month high of $0.03.

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.