Short Interest in Riverside Resources Inc. (OTCMKTS:RVSDF) Grows By 873.3%

Riverside Resources Inc. (OTCMKTS:RVSDF) saw a large growth in short interest during the month of March. As of March 15th, there was short interest totalling 29,200 shares, a growth of 873.3% from the February 28th total of 3,000 shares. Based on an average daily volume of 124,400 shares, the short-interest ratio is presently 0.2 days.

Riverside Resources Stock Up 9.7 %

Shares of OTCMKTS RVSDF traded up $0.01 during midday trading on Thursday, reaching $0.14. The company’s stock had a trading volume of 334,645 shares, compared to its average volume of 70,297. Riverside Resources has a one year low of $0.08 and a one year high of $0.14. The company has a 50 day moving average price of $0.11 and a 200 day moving average price of $0.10.

Riverside Resources Company Profile

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.