Short Interest in Desert Mountain Energy Corp. (OTCMKTS:DMEHF) Increases By 10.2%

Desert Mountain Energy Corp. (OTCMKTS:DMEHF) saw a large growth in short interest during the month of April. As of April 15th, there was short interest totalling 6,500 shares, a growth of 10.2% from the March 31st total of 5,900 shares. Based on an average daily volume of 69,100 shares, the days-to-cover ratio is currently 0.1 days.

Desert Mountain Energy Stock Down 2.3 %

Shares of Desert Mountain Energy stock opened at 0.19 on Tuesday. The firm’s 50 day moving average is 0.19 and its 200 day moving average is 0.23. Desert Mountain Energy has a 1 year low of 0.17 and a 1 year high of 1.17.

About Desert Mountain Energy

Desert Mountain Energy Corp. engages in the exploration and development of oil and gas, and mineral properties in the United States, Canada, and internationally. It holds interest in the Holbrook Basin helium project covering an area of 74,421 acres located in the Eastern Arizona. The company was formerly known as African Queen Mines Ltd.