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

Riverside Resources Inc. (OTCMKTS:RVSDF) was the recipient of a significant growth in short interest during the month of February. As of February 15th, there was short interest totalling 25,400 shares, a growth of 452.2% from the January 31st total of 4,600 shares. Based on an average trading volume of 99,500 shares, the days-to-cover ratio is presently 0.3 days.

Riverside Resources Stock Down 11.9 %

Shares of Riverside Resources stock traded down $0.01 on Thursday, reaching $0.11. 20,100 shares of the company were exchanged, compared to its average volume of 56,124. Riverside Resources has a 1-year low of $0.07 and a 1-year high of $0.13. The company’s 50-day moving average is $0.10 and its two-hundred day moving average is $0.10.

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.