MDM Permian, Inc. (OTCMKTS:MDMP – Get Free Report) saw a large growth in short interest in the month of June. As of June 30th, there was short interest totaling 2,448 shares, a growth of ∞ from the June 15th total of 0 shares. Based on an average daily volume of 84,611 shares, the days-to-cover ratio is currently 0.0 days.
MDM Permian Stock Up 7.3%
OTCMKTS MDMP opened at $0.00 on Friday. MDM Permian has a 12 month low of $0.00 and a 12 month high of $0.01.
About MDM Permian
MDM Permian Trust (OTCMKTS:MDMP) is a royalty trust focused on generating income through ownership of net overriding royalty interests in oil and natural gas properties located in the Permian Basin of West Texas and southeastern New Mexico. Unlike exploration and production companies, the trust does not operate drilling activities or field production directly. Instead, it receives a share of production revenues from established operators in the region, providing investors with a passive income stream tied to underlying reservoir yields.
The trust’s portfolio comprises interests in several core Permian Basin assets, including properties in both the Midland and Delaware basins.
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