Riverside Resources Inc. (OTCMKTS:RVSDF) Short Interest Down 55.3% in September

Riverside Resources Inc. (OTCMKTS:RVSDF) saw a large drop in short interest during the month of September. As of September 15th, there was short interest totalling 8,800 shares, a drop of 55.3% from the August 31st total of 19,700 shares. Based on an average daily trading volume, of 71,500 shares, the days-to-cover ratio is presently 0.1 days.

Riverside Resources Price Performance

Shares of RVSDF remained flat at $0.11 during trading hours on Friday. 15,200 shares of the company traded hands, compared to its average volume of 50,097. The business’s fifty day moving average is $0.11 and its 200-day moving average is $0.11. Riverside Resources has a 1 year low of $0.07 and a 1 year high of $0.13.

About Riverside Resources

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.