Petra Diamonds Limited (OTCMKTS:PDLMF) Stock Short Interest Report for October

Petra Diamonds Limited (OTCMKTS:PDLMF) was the target of a significant decline in short interest in October. As of October 30th, there was short interest totaling 384,090 shares, a decline of 69.1% from the October 15th total of 1,243,533 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days.

Petra Diamonds Price Performance

Shares of PDLMF stock remained flat at $0.30 during trading hours on Friday. Petra Diamonds has a 12 month low of $0.30 and a 12 month high of $0.46. The firm has a 50-day simple moving average of $0.30 and a two-hundred day simple moving average of $0.30.

Petra Diamonds Company Profile

Petra Diamonds is a diamond mining group headquartered in the United Kingdom, with operations focused on Southern Africa. The company explores for, mines and sells rough diamonds to customers in the global diamond industry. Its operating portfolio has included the Cullinan and Finsch mines in South Africa and the Williamson mine in Tanzania. Petra’s history also includes the Koffiefontein mine in South Africa, which was placed on care and maintenance. The company sells its rough diamonds through tenders and other sales channels, supplying stones used in the jewelry industry.