De Grey Mining Limited (OTCMKTS:DGMLF) Short Interest Update

De Grey Mining Limited (OTCMKTS:DGMLF) saw a large decrease in short interest in the month of January. As of January 15th, there was short interest totalling 6,178,800 shares, a decrease of 47.2% from the December 31st total of 11,706,100 shares. Based on an average daily volume of 38,900 shares, the short-interest ratio is currently 158.8 days.

De Grey Mining Price Performance

Shares of OTCMKTS:DGMLF traded down $0.02 during midday trading on Wednesday, hitting $1.18. 2,400 shares of the stock were exchanged, compared to its average volume of 36,144. De Grey Mining has a 52-week low of $0.67 and a 52-week high of $1.35. The business’s fifty day simple moving average is $1.15 and its two-hundred day simple moving average is $0.96.

About De Grey Mining

De Grey Mining Limited engages in the exploration of mineral properties in Australia. It primarily holds a 100% interest in the Mallina Gold project covering an area of approximately 1,500 square kilometers located in the Pilbara region of Western Australia. De Grey Mining Limited was incorporated in 2000 and is based in West Perth, Australia.