Gem Diamonds Limited (OTCMKTS:GMDMF) Short Interest Update

Gem Diamonds Limited (OTCMKTS:GMDMF) was the target of a large growth in short interest in August. As of August 14th, there was short interest totaling 665 shares, a growth of ? from the July 30th total of 0 shares. Based on an average trading volume of 280 shares, the short-interest ratio is currently 2.4 days.

Gem Diamonds Price Performance

GMDMF remained flat at $0.08 on Friday. The stock has a 50 day simple moving average of $0.06 and a two-hundred day simple moving average of $0.06. Gem Diamonds has a one year low of $0.01 and a one year high of $0.13.

About Gem Diamonds

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.