Gem Diamonds Limited (OTCMKTS:GMDMF) Short Interest Update

Gem Diamonds Limited (OTCMKTS:GMDMF) was the recipient of a significant decline in short interest during the month of August. As of August 31st, there was short interest totaling 249 shares, a decline of 62.6% from the August 15th total of 665 shares. Based on an average trading volume of 3 shares, the short-interest ratio is currently 83.0 days.

Gem Diamonds Stock Performance

GMDMF stock remained flat at $0.15 during midday trading on Monday. Gem Diamonds has a fifty-two week low of $0.01 and a fifty-two week high of $0.15. The stock’s fifty day moving average price is $0.07 and its 200-day moving average price is $0.06.

Gem Diamonds Company Profile

Gem Diamonds Limited, together with its subsidiaries, operates diamond mines. It also produces, manufactures, sells, and markets rough and polished diamonds; and provides technical, financial, and management consulting services. It operates in Lesotho, Botswana, Belgium, British Virgin Islands, South Africa, the United Kingdom, and Cyprus. Gem Diamonds Limited was incorporated in 2005 and is headquartered in London, the United Kingdom.