Desert Mountain Energy Corp. (OTCMKTS:DMEHF) Short Interest Down 54.0% in November

Desert Mountain Energy Corp. (OTCMKTS:DMEHF) saw a significant drop in short interest during the month of November. As of November 30th, there was short interest totalling 23,700 shares, a drop of 54.0% from the November 15th total of 51,500 shares. Based on an average daily trading volume, of 30,100 shares, the days-to-cover ratio is presently 0.8 days.

Desert Mountain Energy Trading Down 9.1 %

Desert Mountain Energy stock traded down 0.02 during midday trading on Friday, reaching 0.18. 58,200 shares of the stock traded hands, compared to its average volume of 42,979. Desert Mountain Energy has a fifty-two week low of 0.16 and a fifty-two week high of 0.33. The firm has a fifty day moving average price of 0.22 and a two-hundred 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.