Riverside Resources Inc. (OTCMKTS:RVSDF) Short Interest Up 1,609.6% in August

Riverside Resources Inc. (OTCMKTS:RVSDF) was the target of a large increase in short interest during the month of August. As of August 15th, there was short interest totaling 482,100 shares, anincreaseof1,609.6% from the July 31st total of 28,200 shares. Based on an average daily trading volume, of 223,700 shares, the days-to-cover ratio is presently 2.2 days. Based on an average daily trading volume, of 223,700 shares, the days-to-cover ratio is presently 2.2 days.

Riverside Resources Stock Up 4.5%

Shares of RVSDF stock traded up $0.01 during trading on Tuesday, reaching $0.13. 15,050 shares of the company’s stock were exchanged, compared to its average volume of 67,096. The firm’s fifty day moving average price is $0.12 and its 200-day moving average price is $0.12. Riverside Resources has a twelve month low of $0.08 and a twelve month high of $0.17.

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.