Gold Reserve Inc. (OTCMKTS:GDRZF) Sees Large Increase in Short Interest

Gold Reserve Inc. (OTCMKTS:GDRZF) was the recipient of a significant growth in short interest in April. As of April 15th, there was short interest totalling 59,800 shares, a growth of 8.5% from the March 31st total of 55,100 shares. Based on an average daily volume of 173,600 shares, the short-interest ratio is currently 0.3 days.

Gold Reserve Trading Up 1.3 %

GDRZF opened at $3.22 on Thursday. The firm has a 50-day moving average price of $3.03 and a 200-day moving average price of $2.79. Gold Reserve has a twelve month low of $1.21 and a twelve month high of $3.40.

About Gold Reserve

Gold Reserve Inc, an exploration stage company, engages in evaluating, acquiring, exploring, and developing mining projects. It primarily focuses on the Siembra Minera project that holds gold, copper, silver, and other strategic mineral rights comprising an area of approximately 18,950 hectares located in Bolivar, Venezuela.