Desert Mountain Energy Corp. (OTCMKTS:DMEHF) Short Interest Up 114.4% in January

Desert Mountain Energy Corp. (OTCMKTS:DMEHF) was the target of a significant increase in short interest in the month of January. As of January 30th, there was short interest totaling 116,891 shares, an increase of 114.4% from the January 15th total of 54,527 shares. Based on an average daily trading volume, of 545,852 shares, the short-interest ratio is currently 0.2 days. Based on an average daily trading volume, of 545,852 shares, the short-interest ratio is currently 0.2 days.

Desert Mountain Energy Stock Performance

OTCMKTS:DMEHF opened at $0.20 on Friday. The company has a fifty day simple moving average of $0.19 and a two-hundred day simple moving average of $0.20. Desert Mountain Energy has a 52 week low of $0.12 and a 52 week high of $0.40.

Desert Mountain Energy Company Profile

Desert Mountain Energy Ltd (OTCMKTS:DMEHF) is an exploration and development company focused on unlocking lithium and geothermal resources in key basins of the western United States. With a strategic emphasis on sustainable technology and resource optimization, Desert Mountain Energy targets the growing demand for battery-grade lithium, a critical component in electric vehicles and renewable energy storage, as well as geothermal power generation.

The company holds exploration and development leases across multiple Nevada projects, including Clayton Valley, home to North America’s only producing lithium brine operation, as well as the Big Smoky and Fish Lake Valley basins.