MDM Permian, Inc. (OTCMKTS:MDMP) Short Interest Down 81.2% in December

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

MDM Permian Trading Down 20.4 %

Shares of OTCMKTS:MDMP traded down $0.00 during trading on Friday, reaching $0.01. 170,810 shares of the company traded hands, compared to its average volume of 235,878. MDM Permian has a 1-year low of $0.01 and a 1-year high of $0.03. The firm has a fifty day simple moving average of $0.01 and a 200 day simple moving average of $0.01.

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.