MMEX Resources Co. (OTCMKTS:MMEX – Get Free Report) saw a significant increase in short interest in the month of September. As of September 30th, there was short interest totaling 49 shares, an increase of 4,800.0% from the September 15th total of 1 shares. Based on an average daily trading volume, of 81,895,310 shares, the days-to-cover ratio is currently 0.0 days.
MMEX Resources Stock Performance
MMEX remained flat at $0.00 during midday trading on Friday. 2,990,997 shares of the company’s stock were exchanged, compared to its average volume of 6,703,727. MMEX Resources has a 52-week low of $0.00 and a 52-week high of $0.00.
MMEX Resources Company Profile
MMEX Resources Corp. is an energy development company focused on clean-energy and lower-carbon infrastructure projects. Its stated activities have included the development of solar power, green hydrogen, and synthetic or renewable fuels, with an emphasis on integrating renewable electricity with fuel-production technologies.
The company has historically pursued projects in the United States, including proposed facilities in Texas. These initiatives have been described as involving renewable power generation, hydrogen production, and related fuel infrastructure.
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