MMEX Resources Co. (OTCMKTS:MMEX) Sees Large Increase in Short Interest

MMEX Resources Co. (OTCMKTS:MMEXGet Free Report) was the target of a significant increase in short interest in the month of May. As of May 15th, there was short interest totaling 167,000 shares, an increase of ∞ from the April 30th total of 0 shares. Based on an average daily volume of 9,772,712 shares, the days-to-cover ratio is presently 0.0 days.

MMEX Resources Stock Performance

Shares of OTCMKTS MMEX remained flat at $0.00 during trading on Wednesday. 1,500,000 shares of the stock traded hands, compared to its average volume of 3,549,203. MMEX Resources has a 1-year low of $0.00 and a 1-year high of $0.00.

MMEX Resources Company Profile

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MMEX Resources Corp. is an independent energy company focused on the acquisition, development and production of oil and natural gas assets. The company pursues both upstream and midstream opportunities, combining exploration and production with infrastructure projects aimed at delivering refined products to key markets. MMEX operates through strategic joint ventures and wholly-owned subsidiaries to capitalize on resource-rich basins and growing energy demand.

In its upstream segment, MMEX Resources targets onshore conventional and unconventional reservoirs in North and South America.

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