Short Interest in Mountain Province Diamonds Inc. (OTCMKTS:MPVDF) Increases By 27.4%

Mountain Province Diamonds Inc. (OTCMKTS:MPVDF) saw a large increase in short interest in January. As of January 31st, there was short interest totalling 87,500 shares, an increase of 27.4% from the January 15th total of 68,700 shares. Based on an average daily volume of 19,100 shares, the short-interest ratio is currently 4.6 days.

Mountain Province Diamonds Price Performance

Shares of MPVDF traded down $0.00 during trading on Friday, reaching $0.04. The company’s stock had a trading volume of 76,082 shares, compared to its average volume of 10,579. The company has a fifty day moving average of $0.07 and a two-hundred day moving average of $0.09. Mountain Province Diamonds has a twelve month low of $0.04 and a twelve month high of $0.22. The company has a debt-to-equity ratio of 0.95, a quick ratio of 0.52 and a current ratio of 3.45.

Mountain Province Diamonds Company Profile

Mountain Province Diamonds Inc focuses on the mining and marketing of rough diamonds worldwide. The company holds a 49% interest in the Gahcho Kué mine comprising mining leases covering an area of 5,216 hectares; and 100% of the mineral rights of the Kennady North consisting of 22 federal leases and 97 claims covering an area of 113,000 hectares located in the Northwest Territories, Canada.