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

by · The Markets Daily

MDM Permian, Inc. (OTCMKTS:MDMP – Get Free Report) was the recipient of a significant increase in short interest during the month of May. As of May 15th, there was short interest totaling 9,528 shares, an increase of ∞ from the April 30th total of 0 shares. Based on an average daily trading volume, of 218,711 shares, the days-to-cover ratio is presently 0.0 days.

MDM Permian Price Performance

Shares of OTCMKTS:MDMP remained flat at $0.00 on Monday. The stock had a trading volume of 2,510 shares, compared to its average volume of 198,727. MDM Permian has a one year low of $0.00 and a one year high of $0.02.

MDM Permian Company Profile

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MDM Permian Trust (OTCMKTS:MDMP) is a royalty trust focused on generating income through ownership of net overriding royalty interests in oil and natural gas properties located in the Permian Basin of West Texas and southeastern New Mexico. Unlike exploration and production companies, the trust does not operate drilling activities or field production directly. Instead, it receives a share of production revenues from established operators in the region, providing investors with a passive income stream tied to underlying reservoir yields.

The trust’s portfolio comprises interests in several core Permian Basin assets, including properties in both the Midland and Delaware basins.

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