DESERT MTN ENERGY CORP COMMON SHARES (OTCMKTS:AFQMD) Just Reported Increased Shorts

June 17, 2018 - By Adrian Erickson

The stock of DESERT MTN ENERGY CORP COMMON SHARES (OTCMKTS:AFQMD) registered an increase of 111.11% in short interest. AFQMD’s total short interest was 9,500 shares in June as published by FINRA. Its up 111.11% from 4,500 shares, reported previously. With 37,000 shares average volume, it will take short sellers 0 days to cover their AFQMD’s short positions.

The stock increased 6.34% or $0.01 during the last trading session, reaching $0.161. It is down 0.00% since June 17, 2017 and is . It has underperformed by 12.57% the S&P500.

Desert Mountain Energy Corp., an exploratory resource company, engages in the exploration and development of helium, and gas and oil properties in the Southwestern United States. The company has market cap of $4.19 million. It holds interest in the Yellowjacket gold project located in Atlin, British Columbia. It currently has negative earnings. The firm was formerly known as African Queen Mines Ltd. and changed its name to Desert Mountain Energy Corp. in April 2018.

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