De Grey Mining Limited (OTCMKTS:DGMLF) Sees Large Growth in Short Interest

De Grey Mining Limited (OTCMKTS:DGMLF) was the target of a significant increase in short interest in February. As of February 28th, there was short interest totalling 1,897,700 shares, an increase of 17.8% from the February 13th total of 1,610,500 shares. Based on an average daily volume of 7,500 shares, the short-interest ratio is currently 253.0 days.

De Grey Mining Price Performance

De Grey Mining stock opened at $1.30 on Thursday. De Grey Mining has a 52 week low of $0.67 and a 52 week high of $1.43. The stock has a fifty day moving average of $1.25 and a 200-day moving average of $1.08.

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.