Short Interest in Riverside Resources Inc. (OTCMKTS:RVSDF) Declines By 71.2%

Riverside Resources Inc. (OTCMKTS:RVSDF) was the recipient of a large drop in short interest in December. As of December 15th, there was short interest totaling 29,184 shares, a drop of 71.2% from the November 30th total of 101,267 shares. Based on an average daily volume of 56,906 shares, the days-to-cover ratio is presently 0.5 days. Based on an average daily volume of 56,906 shares, the days-to-cover ratio is presently 0.5 days.

Riverside Resources Price Performance

Shares of Riverside Resources stock traded up $0.00 during trading on Friday, reaching $0.16. 4,650 shares of the company’s stock were exchanged, compared to its average volume of 69,191. Riverside Resources has a 1-year low of $0.08 and a 1-year high of $0.18. The firm’s 50-day moving average price is $0.15 and its 200 day moving average price is $0.14.

Riverside Resources Company Profile

Riverside Resources Inc is a Canada-based mineral exploration company focused on the discovery and development of precious and base metal deposits. Operating as a project generator, Riverside identifies prospective mineral properties and advances them through early-stage exploration before partnering with major mining companies under option and joint-venture agreements. This model allows the company to leverage its technical expertise and financial discipline while limiting its capital exposure.

The company’s portfolio spans several key mining jurisdictions, with a primary emphasis on Mexico.