Riverside Resources Inc. (OTCMKTS:RVSDF) Short Interest Up 165.9% in May

Riverside Resources Inc. (OTCMKTS:RVSDFGet Rating) was the target of a large growth in short interest in May. As of May 15th, there was short interest totalling 57,700 shares, a growth of 165.9% from the April 30th total of 21,700 shares. Based on an average daily volume of 203,800 shares, the days-to-cover ratio is currently 0.3 days.

Shares of RVSDF stock opened at $0.11 on Friday. The firm has a fifty day simple moving average of $0.13 and a two-hundred day simple moving average of $0.13. Riverside Resources has a 12 month low of $0.10 and a 12 month high of $0.18.

About Riverside Resources (Get Rating)

Riverside Resources Inc, an exploration stage company, engages in the acquisition, exploration, and development of exploration and evaluation assets in North America. The company primarily explores for gold, silver, and copper deposits. It holds interests in the Oakes, High Lake Greenstone Belt, Longrose, Pichette, and Kenora projects located in Canada; and the La Silla, Sandy, Tajitos, and Ariel projects located in Mexico.

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