Gold Reserve Inc. (OTCMKTS:GDRZF) Short Interest Down 32.0% in January

Gold Reserve Inc. (OTCMKTS:GDRZF) saw a large drop in short interest in the month of January. As of January 30th, there was short interest totaling 17,589 shares, a drop of 32.0% from the January 15th total of 25,873 shares. Based on an average daily volume of 349,573 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily volume of 349,573 shares, the days-to-cover ratio is presently 0.1 days.

Gold Reserve Stock Performance

OTCMKTS:GDRZF traded up $0.04 during mid-day trading on Friday, hitting $3.68. 62,944 shares of the company traded hands. The stock’s fifty day moving average price is $2.84 and its 200-day moving average price is $2.34. Gold Reserve has a one year low of $1.15 and a one year high of $4.70.

Gold Reserve (OTCMKTS:GDRZF) last posted its quarterly earnings data on Thursday, November 13th. The company reported ($0.08) EPS for the quarter.

Gold Reserve Company Profile

Gold Reserve Inc is a mineral exploration and development company incorporated in Nevada with executive offices in Vancouver, British Columbia, and Littleton, Colorado. The company focuses on the acquisition, exploration and development of precious and base metal deposits, primarily in South America. Gold Reserve’s corporate strategy centers on advancing its flagship mining interests toward production while managing the legal and regulatory framework surrounding its assets.

The company’s main asset is the Brisas Project, a former gold?copper porphyry deposit located in Bolívar State, Venezuela.