Short Interest in Riverside Resources Inc. (OTCMKTS:RVSDF) Rises By 873.3%

Riverside Resources Inc. (OTCMKTS:RVSDF) saw a significant growth in short interest in the month of March. As of March 15th, there was short interest totalling 29,200 shares, a growth of 873.3% from the February 28th total of 3,000 shares. Based on an average daily trading volume, of 124,400 shares, the days-to-cover ratio is presently 0.2 days.

Riverside Resources Stock Up 9.7 %

OTCMKTS RVSDF traded up $0.01 during trading hours on Wednesday, reaching $0.14. The company’s stock had a trading volume of 334,645 shares, compared to its average volume of 70,297. The firm has a fifty day simple moving average of $0.11 and a 200-day simple moving average of $0.10. Riverside Resources has a 52 week low of $0.08 and a 52 week high of $0.14.

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.