Gem Diamonds Limited (OTCMKTS:GMDMF) Short Interest Up ∞ in August

Gem Diamonds Limited (OTCMKTS:GMDMF) was the recipient of a large growth in short interest during the month of 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 short-interest ratio is currently 2.4 days.

Gem Diamonds Stock Performance

OTCMKTS:GMDMF remained flat at $0.08 during trading hours on Monday. Gem Diamonds has a twelve month low of $0.01 and a twelve month high of $0.13. The firm’s 50 day simple moving average is $0.06 and its two-hundred day simple moving average is $0.06.

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.