MDM Permian, Inc. (OTCMKTS:MDMP) Short Interest Update

MDM Permian, Inc. (OTCMKTS:MDMP) was the target of a significant drop in short interest during the month of December. As of December 15th, there was short interest totalling 7,300 shares, a drop of 81.2% from the November 30th total of 38,900 shares. Based on an average daily volume of 215,200 shares, the days-to-cover ratio is presently 0.0 days.

MDM Permian Price Performance

MDM Permian stock traded down $0.00 during trading hours on Thursday, hitting $0.01. The company had a trading volume of 30,464 shares, compared to its average volume of 236,066. The company has a 50-day moving average price of $0.01 and a two-hundred day moving average price of $0.01. MDM Permian has a 1 year low of $0.01 and a 1 year high of $0.03.

MDM Permian Company Profile

MDM Permian, Inc engages in the drilling and production of oil and gas properties. It primarily focuses on the oil and gas drilling prospects in the Midland Basin of West Texas. The company is based in Addison, Texas.