Short Interest in Entrée Resources Ltd. (OTCMKTS:ERLFF) Increases By 18.8%

Entrée Resources Ltd. (OTCMKTS:ERLFF) was the target of a large growth in short interest in November. As of November 15th, there was short interest totalling 3,800 shares, a growth of 18.8% from the October 31st total of 3,200 shares. Based on an average trading volume of 37,000 shares, the short-interest ratio is currently 0.1 days.

Entrée Resources Stock Performance

Shares of OTCMKTS ERLFF opened at $1.41 on Tuesday. Entrée Resources has a fifty-two week low of $0.84 and a fifty-two week high of $1.75. The firm has a market capitalization of $285.76 million, a PE ratio of -28.10 and a beta of 1.17. The stock’s 50-day simple moving average is $1.52 and its 200-day simple moving average is $1.24.

Analyst Upgrades and Downgrades

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

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.