Short Interest in Desert Mountain Energy Corp. (OTCMKTS:DMEHF) Declines By 77.0%

Posted by Casey Walker on Apr 17th, 2025

Desert Mountain Energy Corp. (OTCMKTS:DMEHF – Get Free Report) was the recipient of a large drop in short interest during the month of March. As of March 31st, there was short interest totalling 22,800 shares, a drop of 77.0% from the March 15th total of 99,300 shares. Based on an average daily trading volume, of 86,200 shares, the short-interest ratio is presently 0.3 days.

Desert Mountain Energy Stock Performance

DMEHF stock opened at $0.16 on Thursday. Desert Mountain Energy has a twelve month low of $0.13 and a twelve month high of $0.33. The business has a fifty day moving average of $0.16 and a 200-day moving average of $0.20.

Desert Mountain Energy Company Profile

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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.