Short Interest in Adamas One Corp. (NASDAQ:JEWL) Grows By 144.6%

Adamas One Corp. (NASDAQ:JEWL) was the target of a large growth in short interest in July. As of July 15th, there was short interest totalling 188,600 shares, a growth of 144.6% from the June 30th total of 77,100 shares. Based on an average trading volume of 242,500 shares, the days-to-cover ratio is currently 0.8 days. Currently, 1.0% of the shares of the stock are short sold.

Adamas One Stock Down 0.2 %

JEWL traded down $0.00 during trading on Friday, reaching $0.41. 64,211 shares of the stock were exchanged, compared to its average volume of 172,023. Adamas One has a 1 year low of $0.17 and a 1 year high of $2.01. The business’s 50 day moving average price is $0.32 and its two-hundred day moving average price is $0.40.

About Adamas One

Adamas One Corp., a diamond company, produces single crystal diamonds and diamond materials for diamond jewelry industry and industrial markets in the United States and internationally. The company was incorporated in 2018 and is based in Scottsdale, Arizona.