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

Riverside Resources Inc. (OTCMKTS:RVSDF) saw a large growth in short interest in October. As of October 31st, there was short interest totalling 31,600 shares, a growth of 2,006.7% from the October 15th total of 1,500 shares. Based on an average daily volume of 114,900 shares, the short-interest ratio is currently 0.3 days.

Riverside Resources Price Performance

Shares of RVSDF stock traded down $0.00 on Wednesday, hitting $0.10. 51,288 shares of the company’s stock traded hands, compared to its average volume of 50,764. The company’s fifty day simple moving average is $0.10 and its 200 day simple moving average 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.