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

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

Desert Mountain Energy Trading Down 2.3 %

Shares of Desert Mountain Energy stock opened at 0.19 on Tuesday. Desert Mountain Energy has a 12 month low of 0.17 and a 12 month high of 1.17. The business’s 50-day moving average price is 0.19 and its 200-day moving average price is 0.23.

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.