Riverside Resources Inc. (OTCMKTS:RVSDF) Sees Significant Decline in Short Interest

Riverside Resources Inc. (OTCMKTS:RVSDF) was the recipient of a significant drop in short interest during the month of September. As of September 15th, there was short interest totalling 8,800 shares, a drop of 55.3% from the August 31st total of 19,700 shares. Based on an average daily volume of 71,500 shares, the days-to-cover ratio is currently 0.1 days.

Riverside Resources Stock Performance

Riverside Resources stock remained flat at $0.11 during mid-day trading on Friday. The company had a trading volume of 15,200 shares, compared to its average volume of 50,097. The business has a 50-day moving average price of $0.11 and a two-hundred day moving average price of $0.11. Riverside Resources has a 52 week low of $0.07 and a 52 week 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.