MDM Permian, Inc. (OTCMKTS:MDMP) Short Interest Down 90.0% in February

MDM Permian, Inc. (OTCMKTS:MDMP) was the recipient of a large drop in short interest in 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 volume of 221,500 shares, the days-to-cover ratio is currently 0.0 days.

MDM Permian Stock Performance

Shares of MDMP traded down $0.00 during midday trading on Thursday, hitting $0.01. The stock had a trading volume of 23,460 shares, compared to its average volume of 147,436. The company has a 50 day simple moving average of $0.01 and a two-hundred day simple moving average of $0.01. MDM Permian has a twelve month low of $0.01 and a twelve month high of $0.03.

About MDM Permian

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.