Short Interest in De Grey Mining Limited (OTCMKTS:DGMLF) Grows By 17.8%

De Grey Mining Limited (OTCMKTS:DGMLF) saw a large growth in short interest in the month of February. As of February 28th, there was short interest totalling 1,897,700 shares, a growth of 17.8% from the February 13th total of 1,610,500 shares. Based on an average trading volume of 7,500 shares, the days-to-cover ratio is presently 253.0 days.

De Grey Mining Stock Performance

Shares of DGMLF stock opened at $1.31 on Friday. De Grey Mining has a 1-year low of $0.67 and a 1-year high of $1.43. The business has a 50-day moving average of $1.26 and a 200 day moving average of $1.08.

About De Grey Mining

De Grey Mining Limited engages in the exploration of mineral properties in Australia. It primarily holds a 100% interest in the Mallina Gold project covering an area of approximately 1,500 square kilometers located in the Pilbara region of Western Australia. De Grey Mining Limited was incorporated in 2000 and is based in West Perth, Australia.