Riverside Resources Inc. (OTCMKTS:RVSDF) Sees Large Increase in Short Interest

Riverside Resources Inc. (OTCMKTS:RVSDF) saw a large increase in short interest in the month of September. As of September 30th, there was short interest totalling 32,400 shares, an increase of 268.2% from the September 15th total of 8,800 shares. Based on an average daily trading volume, of 66,000 shares, the short-interest ratio is presently 0.5 days.

Riverside Resources Price Performance

RVSDF stock traded down $0.00 during mid-day trading on Thursday, reaching $0.10. 1,886 shares of the company traded hands, compared to its average volume of 49,768. Riverside Resources has a fifty-two week low of $0.07 and a fifty-two week high of $0.13. The firm’s 50 day moving average price is $0.10 and its 200 day moving average price is $0.11.

Riverside Resources Company Profile

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.