Entrée Resources Ltd. (OTCMKTS:ERLFF) Sees Significant Increase in Short Interest

Entrée Resources Ltd. (OTCMKTS:ERLFF) was the recipient of a large increase in short interest in April. As of April 15th, there was short interest totalling 34,200 shares, an increase of 30.0% from the March 31st total of 26,300 shares. Based on an average daily volume of 71,800 shares, the short-interest ratio is presently 0.5 days. Approximately 0.0% of the company’s shares are sold short.

Entrée Resources Trading Up 5.0 %

Shares of ERLFF stock opened at $1.61 on Friday. The stock’s fifty day simple moving average is $1.53 and its 200-day simple moving average is $1.60. The company has a market capitalization of $333.81 million, a price-to-earnings ratio of -32.19 and a beta of 0.95. Entrée Resources has a 1-year low of $0.90 and a 1-year high of $1.91.

Entrée Resources (OTCMKTS:ERLFF) last announced its quarterly earnings results on Wednesday, March 12th. The company reported ($0.04) EPS for the quarter.

Entrée Resources Company Profile

Entrée Resources Ltd., a mining company, engages in the exploration, evaluation, and development of mineral property interests in Canada. Its principal asset is the Entrée/Oyu Tolgoi joint venture property comprising Hugo North Extension copper-gold deposit and the Heruga copper-gold-molybdenum deposit located in Mongolia.