Riverside Resources Inc. (OTCMKTS:RVSDF) Short Interest Up 266.1% in March

Riverside Resources Inc. (OTCMKTS:RVSDF) was the target of a significant increase in short interest during the month of March. As of March 15th, there was short interest totalling 39,900 shares, an increase of 266.1% from the February 29th total of 10,900 shares. Based on an average trading volume of 116,700 shares, the days-to-cover ratio is currently 0.3 days.

Riverside Resources Price Performance

OTCMKTS RVSDF remained flat at $0.09 during trading on Thursday. The company’s stock had a trading volume of 39,762 shares, compared to its average volume of 49,801. The firm’s fifty day simple moving average is $0.08 and its 200 day simple moving average is $0.09. Riverside Resources has a 1 year low of $0.07 and a 1 year high of $0.15.

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.