Rise Gold Corp. (OTCMKTS:RYES) Short Interest Up 198.9% in January

Rise Gold Corp. (OTCMKTS:RYES) was the recipient of a large increase in short interest in the month of January. As of January 15th, there was short interest totalling 52,000 shares, an increase of 198.9% from the December 31st total of 17,400 shares. Based on an average daily trading volume, of 51,800 shares, the days-to-cover ratio is presently 1.0 days.

Rise Gold Trading Down 13.6 %

OTCMKTS:RYES traded down $0.01 during trading hours on Wednesday, reaching $0.07. The company’s stock had a trading volume of 3,849 shares, compared to its average volume of 16,317. The business’s 50-day moving average is $0.08 and its 200-day moving average is $0.11. Rise Gold has a one year low of $0.06 and a one year high of $0.20.

About Rise Gold

Rise Gold Corp. explores for mineral properties in the United States. It holds a 100% interest in the Idaho-Maryland Gold Mine property that comprises approximately 175 acres surface land and approximately 2,560 acres of mineral rights located in the Grass Valley of Nevada County in northern California.