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

MDM Permian, Inc. (OTCMKTS:MDMP) was the recipient of a large drop in short interest during the month of February. As of February 15th, there was short interest totalling 1,900 shares, a drop of 90.0% from the January 31st total of 19,000 shares. Based on an average daily trading volume, of 221,500 shares, the short-interest ratio is currently 0.0 days.

MDM Permian Stock Performance

Shares of MDMP traded up $0.00 during trading hours on Friday, hitting $0.01. The stock had a trading volume of 169,405 shares, compared to its average volume of 147,485. The stock has a fifty day moving average price of $0.01 and a 200 day moving average price of $0.01. MDM Permian has a 12 month low of $0.01 and a 12 month 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.