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

Lucara Diamond Corp. (OTCMKTS:LUCRF) was the target of a significant increase in short interest during the month of December. As of December 31st, there was short interest totalling 177,800 shares, an increase of 29.3% from the December 15th total of 137,500 shares. Based on an average daily volume of 54,800 shares, the days-to-cover ratio is currently 3.2 days.

Lucara Diamond Price Performance

LUCRF stock traded up $0.03 during midday trading on Friday, reaching $0.29. The company had a trading volume of 1,536 shares, compared to its average volume of 5,384. The firm has a 50-day moving average price of $0.33 and a 200-day moving average price of $0.31. Lucara Diamond has a 1 year low of $0.21 and a 1 year high of $0.41.

Lucara Diamond Company Profile

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.