What’s PETRA DIAMONDS LTD ORDINARY SHARES BERM (OTCMKTS:PDMDF) Upside After This Short Interest Increase?

August 9, 2018 - By Richard Slagle

The stock of PETRA DIAMONDS LTD ORDINARY SHARES BERM (OTCMKTS:PDMDF) registered an increase of 47.69% in short interest. PDMDF’s total short interest was 1.94 million shares in August as published by FINRA. Its up 47.69% from 1.31 million shares, reported previously. With 100 shares average volume, it will take short sellers 19372 days to cover their PDMDF’s short positions. The short interest to PETRA DIAMONDS LTD ORDINARY SHARES BERM’s float is 0.38%.

It closed at $0.47 lastly. It is down 0.00% since August 9, 2017 and is . It has underperformed by 12.57% the S&P500.

Petra Diamonds Limited engages in the mining, exploration, processing, sorting, and sale of rough diamonds primarily in South Africa. The company has market cap of $469.62 million. The Company’s principal mining properties are the Finsch and Cullinan properties located in South Africa. It currently has negative earnings. The firm was founded in 1997 and is based in St.

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