Riverside Resources Inc. (OTCMKTS:RVSDF) Short Interest Update

Riverside Resources Inc. (OTCMKTS:RVSDF) was the target of a large increase in short interest during the month of February. As of February 15th, there was short interest totalling 25,400 shares, an increase of 452.2% from the January 31st total of 4,600 shares. Based on an average daily trading volume, of 99,500 shares, the days-to-cover ratio is currently 0.3 days.

Riverside Resources Stock Performance

Shares of RVSDF stock traded down $0.01 during mid-day trading on Thursday, hitting $0.11. The company’s stock had a trading volume of 20,100 shares, compared to its average volume of 56,124. Riverside Resources has a 52 week low of $0.07 and a 52 week high of $0.13. The company’s fifty day simple moving average is $0.10 and its 200-day simple moving average is $0.10.

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.