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Lucara Diamond Short Interest Ratio and Short Volume

0.00 (0.00 %)
(As of 09/18/2020 12:00 AM ET)
Today's Range
Now: $0.44
50-Day Range
MA: $0.40
52-Week Range
Now: $0.44
Average Volume3,038 shs
Market CapitalizationN/A
P/E RatioN/A
Dividend YieldN/A

Short Interest

Lucara Diamond (OTCMKTS:GMDMF) Short Interest Data

Current Short Volume:12,000 shares
Previous Short Volume:400 shares
Change Vs. Previous Month:+2,900.00%
Dollar Volume Sold Short:$0.00
Short Interest Ratio / Days to Cover:2.0
Last Record Date:August, 31 2020
Short Percent of Float:0.00%
Today's Trading Volume:0 shares
Average Trading Volume:3,038 shares
Today's Volume Vs. Average:-100.00%

Lucara Diamond (OTCMKTS:GMDMF) Short Interest History

DateShares Sold ShortDollar Volume Sold ShortPercentage ChangePercentage FloatDays to CoverPrice on Record Date
8/31/202012,000 $0.00 2,900.0%0.0%2.3$0.00
8/14/2020400 $176.00 0.0%0.0%0$0.44
7/31/2020400 $140.00 33.3%0.0%4$0.35
7/15/2020300 $105.00 0.0%0.0%0$0.35
6/30/2020300 $117.00 50.0%0.0%0$0.39
6/15/2020200 $78.00 0.0%0.0%2$0.39
4/30/2020100 $42.00 0.0%0.0%1$0.42

Lucara Diamond (OTCMKTS:GMDMF) Short Interest FAQ

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What is Lucara Diamond's current short interest?

Short interest is the volume of Lucara Diamond shares that have been sold short but have not yet been closed out or covered. As of August 31st, investors have sold 12,000 shares of GMDMF short. 0.00% of Lucara Diamond's shares are currently sold short. View details.

What is a good short interest ratio for Lucara Diamond?

The short interest ratio, also known as the "days to cover ratio", is calculated by dividing the number of shares of a stock sold short divided by its average trading volume. A short interest ratio ranging between 1 and 4 generally indicates strong positive sentiment about a stock and a lack of short sellers. A short interest ratio of 10 or greater indicates strong pessimism about a stock. Lucara Diamond currently has a short interest ratio of 2.0.

Is Lucara Diamond's short interest increasing or decreasing?

Lucara Diamond saw a increase in short interest in the month of August. As of August 31st, there was short interest totaling 12,000 shares, an increase of 2,900.0% from the previous total of 400 shares. Changes in short volume can be used to identify positive and negative investor sentiment. Investors that short sell a stock are betting that its price will decline in the future. An increase in short sale volume suggests bearish (negative) sentiment among investors. A decrease on short sale volume suggests bullish (positive) sentiment.

How does Lucara Diamond's short interest compare to its competitors?

0.00% of Lucara Diamond's shares are currently sold short. Here is how the short interest of companies in the sector of "basic materials" compare to Lucara Diamond: Aben Resources Ltd (0.00%), Adelaide Brighton Limited (0.00%), Adriatic Metals PLC (0.00%), Akzo Nobel NV (0.00%), Alacer Gold Corp. (0.00%), Almonty Industries Inc (0.00%), Amerigo Resources Ltd. (0.00%), AMG Advanced Metallurgical Group N.V. (0.00%), Anaconda Mining Inc (0.00%), and ANGLO AMERN PLA/S (0.00%).

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications Inc ($5.13 billion), Aon PLC ($3.40 billion), Clorox Co ($3.09 billion), ViacomCBS Inc. ($2.81 billion), Charles Schwab Co. ($2.80 billion), Kroger Co ($1.95 billion), Simon Property Group Inc ($1.82 billion), Restoration Hardware Holdings, Inc ($1.71 billion), International Flavors & Fragrances Inc ($1.69 billion), and C.H. Robinson Worldwide Inc ($1.67 billion). View all of the most shorted stocks.

What does it mean to sell short Lucara Diamond stock?

Short selling GMDMF is an investing strategy that aims to generate trading profit from Lucara Diamond as its price is falling. To short Lucara Diamond stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender. Short sellers are betting that Lucara Diamond will decline in price. If the stock does drop after selling, the short seller buys it back at a lower price and returns it to the lender. The difference between the sell price and the buy price is the trader's profit.

How does a short squeeze work against Lucara Diamond?

A short squeeze for Lucara Diamond occurs when it has a large amount of short interest and its stock appreciates in price. This forces short sellers to cover their short interest positions by buying actual shares of GMDMF, which in turn drives the price of the stock up even further.

How often is Lucara Diamond's short interest reported?

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including GMDMF, twice per month. The most recent reporting period available is August, 31 2020.

This page was last updated on 9/20/2020 by MarketBeat.com Staff

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