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

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

Desert Mountain Energy Trading Down 7.5 %

OTCMKTS DMEHF traded down 0.02 on Tuesday, reaching 0.19. 50,300 shares of the company’s stock traded hands, compared to its average volume of 41,237. Desert Mountain Energy has a fifty-two week low of 0.16 and a fifty-two week high of 0.33. The stock has a 50 day moving average price of 0.24 and a 200-day moving average price of 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.