Desert Mountain Energy Corp. (OTCMKTS:DMEHF) Short Interest Down 43.6% in March

Desert Mountain Energy Corp. (OTCMKTS:DMEHF) saw a significant drop in short interest during the month of March. As of March 31st, there was short interest totaling 81,945 shares, a drop of 43.6% from the March 15th total of 145,268 shares. Based on an average trading volume of 1,347,171 shares, the days-to-cover ratio is presently 0.1 days.

Desert Mountain Energy Stock Performance

Shares of DMEHF opened at $0.33 on Monday. Desert Mountain Energy has a 1 year low of $0.12 and a 1 year high of $0.45. The business has a 50-day moving average of $0.25 and a 200-day moving average of $0.24.

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.