Short Interest in Gold Reserve Inc. (OTCMKTS:GDRZF) Rises By 80.6%

Gold Reserve Inc. (OTCMKTS:GDRZF) saw a large increase in short interest in the month of January. As of January 15th, there was short interest totaling 25,873 shares, an increase of 80.6% from the December 31st total of 14,330 shares. Based on an average daily volume of 1,352,827 shares, the days-to-cover ratio is presently 0.0 days. Based on an average daily volume of 1,352,827 shares, the days-to-cover ratio is presently 0.0 days.

Gold Reserve Stock Performance

GDRZF opened at $3.80 on Friday. Gold Reserve has a one year low of $1.15 and a one year high of $4.70. The company has a fifty day moving average price of $2.46 and a 200-day moving average price of $2.38.

Gold Reserve (OTCMKTS:GDRZF) last issued its quarterly earnings results on Thursday, November 13th. The company reported ($0.08) EPS for the quarter.

Gold Reserve Company Profile

Gold Reserve Inc is a mineral exploration and development company incorporated in Nevada with executive offices in Vancouver, British Columbia, and Littleton, Colorado. The company focuses on the acquisition, exploration and development of precious and base metal deposits, primarily in South America. Gold Reserve’s corporate strategy centers on advancing its flagship mining interests toward production while managing the legal and regulatory framework surrounding its assets.

The company’s main asset is the Brisas Project, a former gold‐copper porphyry deposit located in Bolívar State, Venezuela.