Gold Reserve Inc. (OTCMKTS:GDRZF) Short Interest Update

Gold Reserve Inc. (OTCMKTS:GDRZF) was the target of a significant drop in short interest during the month of April. As of April 15th, there was short interest totaling 20,899 shares, a drop of 22.1% from the March 31st total of 26,813 shares. Based on an average trading volume of 93,995 shares, the short-interest ratio is presently 0.2 days.

Gold Reserve Trading Up 1.5%

Shares of Gold Reserve stock traded up $0.06 during trading hours on Thursday, reaching $3.96. The stock had a trading volume of 26,052 shares, compared to its average volume of 212,015. The firm has a market capitalization of $394.22 million and a price-to-earnings ratio of -13.20. Gold Reserve has a 1 year low of $1.15 and a 1 year high of $5.60. The firm has a 50 day simple moving average of $4.22 and a two-hundred day simple moving average of $2.95.

Gold Reserve (OTCMKTS:GDRZF) last announced its earnings results on Thursday, March 19th. The company reported ($0.10) EPS for the quarter.

About Gold Reserve

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.