Short Interest in Entrée Resources Ltd. (OTCMKTS:ERLFF) Declines By 14.4%

Entrée Resources Ltd. (OTCMKTS:ERLFF) was the recipient of a significant decrease in short interest during the month of September. As of September 30th, there was short interest totalling 32,100 shares, a decrease of 14.4% from the September 15th total of 37,500 shares. Based on an average daily trading volume, of 65,700 shares, the short-interest ratio is currently 0.5 days.

Entrée Resources Stock Performance

Shares of Entrée Resources stock traded down $0.06 during trading hours on Tuesday, reaching $1.60. The company’s stock had a trading volume of 2,548 shares, compared to its average volume of 17,288. The company has a market capitalization of $325.39 million, a P/E ratio of -32.00 and a beta of 1.13. The stock’s fifty day simple moving average is $1.28 and its two-hundred day simple moving average is $1.16. Entrée Resources has a one year low of $0.84 and a one year high of $1.75.

Entrée Resources (OTCMKTS:ERLFF) last announced its quarterly earnings results on Wednesday, August 7th. The company reported ($0.01) earnings per share for the quarter.

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.