Lucara Diamond Corp. (OTCMKTS:LUCRF) Sees Large Decline in Short Interest

Lucara Diamond Corp. (OTCMKTS:LUCRFGet Rating) was the target of a significant decrease in short interest in August. As of August 31st, there was short interest totalling 442,600 shares, a decrease of 11.1% from the August 15th total of 498,100 shares. Based on an average daily trading volume, of 27,700 shares, the days-to-cover ratio is presently 16.0 days.

Lucara Diamond Stock Down 4.4 %

Lucara Diamond stock opened at $0.45 on Monday. Lucara Diamond has a 52-week low of $0.40 and a 52-week high of $0.57. The company has a fifty day simple moving average of $0.48 and a 200-day simple moving average of $0.49.

Lucara Diamond Company Profile

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Lucara Diamond Corp., a diamond mining company, focuses on 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 platform for the sale of rough diamonds. The company was formerly known as Bannockburn Resources Limited and changed its name to Lucara Diamond Corp.

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