Entrée Resources Ltd. (OTCMKTS:ERLFF) Short Interest Update

Entrée Resources Ltd. (OTCMKTS:ERLFF) saw a significant decrease in short interest in February. As of February 28th, there was short interest totalling 24,200 shares, a decrease of 44.0% from the February 13th total of 43,200 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average trading volume of 36,700 shares, the short-interest ratio is currently 0.7 days.

Wall Street Analyst Weigh In

Separately, TD Securities downgraded shares of Entrée Resources from a “buy” rating to a “hold” rating in a research report on Tuesday, November 19th.

Entrée Resources Stock Performance

OTCMKTS ERLFF traded down $0.03 during mid-day trading on Friday, reaching $1.53. 23,957 shares of the stock were exchanged, compared to its average volume of 19,210. Entrée Resources has a 1-year low of $0.90 and a 1-year high of $1.91. The business’s fifty day simple moving average is $1.75 and its 200 day simple moving average is $1.56. The stock has a market capitalization of $316.41 million, a PE ratio of -30.51 and a beta of 0.99.

Entrée Resources Company Profile

Entrée Resources Ltd., a mining company, engages in the exploration, evaluation, and development of mineral property interests in Canada. Its principal asset is the Entrée/Oyu Tolgoi joint venture property comprising Hugo North Extension copper-gold deposit and the Heruga copper-gold-molybdenum deposit located in Mongolia.