Lucara Diamond Corp. (OTCMKTS:LUCRF – Get Free Report) was the recipient of a large drop in short interest in July. As of July 31st, there was short interest totalling 230,700 shares, a drop of 16.8% from the July 15th total of 277,200 shares. Based on an average daily volume of 13,600 shares, the days-to-cover ratio is presently 17.0 days.
Lucara Diamond Price Performance
OTCMKTS:LUCRF opened at $0.23 on Friday. The firm has a 50 day simple moving average of $0.23 and a 200-day simple moving average of $0.25. Lucara Diamond has a 1-year low of $0.21 and a 1-year high of $0.35.
About Lucara Diamond
Lucara Diamond Corp., a diamond mining company, engages in the development and operation of diamond properties in Africa. The company holds 100% interests in the Karowe mine located in Botswana. It also operates Clara Platform, a digital sales platform for rough diamonds. The company was formerly known as Bannockburn Resources Limited and changed its name to Lucara Diamond Corp.
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Read More: Lucara Diamond Corp. (OTCMKTS:LUCRF) Short Interest Down 16.8% in July