Short Interest in Gem Diamonds Limited (OTCMKTS:GMDMF) Grows By ∞

Gem Diamonds Limited (OTCMKTS:GMDMF) was the recipient of a significant 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 daily trading volume, of 280 shares, the days-to-cover ratio is presently 2.4 days.

Gem Diamonds Price Performance

GMDMF remained flat at $0.08 during trading on Friday. The firm has a 50 day moving average price of $0.06 and a 200 day moving average price of $0.06. Gem Diamonds has a twelve month low of $0.01 and a twelve month 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.