Desert Mountain Energy Corp. (OTCMKTS:DMEHF – Get Rating) saw a large increase in short interest in the month of March. As of March 15th, there was short interest totalling 360,600 shares, an increase of 6.7% from the February 28th total of 337,900 shares. Based on an average daily trading volume, of 112,400 shares, the days-to-cover ratio is currently 3.2 days.
Desert Mountain Energy Trading Down 1.6 %
Shares of OTCMKTS:DMEHF opened at 1.21 on Tuesday. Desert Mountain Energy has a one year low of 1.17 and a one year high of 3.54. The company has a 50 day moving average of 1.71 and a 200-day moving average of 1.88.
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Desert Mountain Energy Corp. operates as a resource company, which focuses on then exploration, development, and production of helium, hydrogen, and noble gases. The company was founded on April 30, 2008 and is headquartered in Vancouver, Canada.
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