Does Mountain Province Diamonds Inc (NASDAQ:MPVD) Have Gas After Even More Sellers Involved?

The stock of Mountain Province Diamonds Inc (NASDAQ:MPVD) registered an increase of 0.26% in short interest. MPVD’s total short interest was 492,400 shares in March as published by FINRA. Its up 0.26% from 491,100 shares, reported previously. With 116,400 shares average volume, it will take short sellers 4 days to cover their MPVD’s short positions.

The stock decreased 1.48% or $0.0145 during the last trading session, reaching $0.9624. About 27,827 shares traded. Mountain Province Diamonds Inc. (NASDAQ:MPVD) has declined 60.77% since March 17, 2018 and is downtrending. It has underperformed by 65.14% the S&P500.

Mountain Province Diamonds Inc., a diamond mining company, focuses on mining and marketing of rough diamonds worldwide. The company has market cap of $201.62 million. The company’s primary asset is its 49% interest in the Gahcho Kué project comprising four mining leases covering an area of approximately 10,353 acres located in the Northwest Territories, Canada. It currently has negative earnings. The firm was formerly known as Mountain Province Mining Inc. and changed its name to Mountain Province Diamonds Inc. in October 2000.

More notable recent Mountain Province Diamonds Inc. (NASDAQ:MPVD) news were published by: Seekingalpha.com which released: “Microcaps dominate midday movers – Seeking Alpha” on February 04, 2019, also Nasdaq.com with their article: “Mountain Province Diamonds Inc. (MPVD) Ex-Dividend Date Scheduled for September 07, 2018 – Nasdaq” published on September 06, 2018, Juniorminingnetwork.com published: “Mountain Province Diamonds Announces Inclusion of 60 Carat Fancy Vivid Yellow Rough Diamond in its February Sale – Junior Mining Network” on January 31, 2019. More interesting news about Mountain Province Diamonds Inc. (NASDAQ:MPVD) were released by: Seekingalpha.com and their article: “Mountain Province Diamonds announces 2019 outlook; shares slide ~11% – Seeking Alpha” published on November 27, 2018 as well as Nasdaq.com‘s news article titled: “Canadian Economy Trumps Growth Expectations: 4 Great Picks – Nasdaq” with publication date: October 05, 2018.

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