Short Interest in Riverside Resources Inc. (OTCMKTS:RVSDF) Increases By 27.9%

Riverside Resources Inc. (OTCMKTS:RVSDF) saw a large increase in short interest during the month of August. As of August 31st, there was short interest totalling 19,700 shares, an increase of 27.9% from the August 15th total of 15,400 shares. Based on an average daily volume of 89,400 shares, the short-interest ratio is presently 0.2 days.

Riverside Resources Trading Up 2.2 %

Shares of OTCMKTS:RVSDF traded up $0.00 during mid-day trading on Monday, reaching $0.11. The company had a trading volume of 30,000 shares, compared to its average volume of 51,953. The company’s 50-day moving average price is $0.11 and its 200-day moving average price is $0.11. Riverside Resources has a one year low of $0.07 and a one year high of $0.13.

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.