Riverside Resources Inc. (OTCMKTS:RVSDF) Sees Large Growth in Short Interest

Riverside Resources Inc. (OTCMKTS:RVSDF) was the recipient of a significant growth in short interest during the month of August. As of August 31st, there was short interest totalling 19,700 shares, a growth of 27.9% from the August 15th total of 15,400 shares. Based on an average daily volume of 89,400 shares, the days-to-cover ratio is currently 0.2 days.

Riverside Resources Stock Performance

RVSDF traded down $0.01 during trading hours on Monday, hitting $0.10. 1,400 shares of the stock were exchanged, compared to its average volume of 51,662. The stock has a 50-day simple moving average of $0.11 and a 200-day simple moving average of $0.11. Riverside Resources has a 12 month low of $0.07 and a 12 month high of $0.13.

About Riverside Resources

Riverside Resources Inc engages in the acquisition, exploration, and evaluation of assets in Canada, the United States, and Mexico. It primarily explores for gold, silver, rare earth elements (REE), and copper deposits. The company holds 100% interests in the Oakes Gold project covering an area of approximately 5,600 hectares; the Pichette comprises 1,650 hectares; and the Longrose and Vincent projects in located northwestern Ontario, Canada, as well as Duc project covering an area of approximately 600 hectares located in Ontario, Canada; and the Revel project includes 1,100 hectares located in the north of Revelstoke, British Columbia.