Gold Reserve Inc. (OTCMKTS:GDRZF) Short Interest Up 80.6% in January

Gold Reserve Inc. (OTCMKTS:GDRZF) was the recipient of a significant growth in short interest in the month of January. As of January 15th, there was short interest totaling 25,873 shares, a growth of 80.6% from the December 31st total of 14,330 shares. Based on an average daily trading volume, of 1,352,827 shares, the short-interest ratio is currently 0.0 days. Based on an average daily trading volume, of 1,352,827 shares, the short-interest ratio is currently 0.0 days.

Gold Reserve Trading Down 1.5%

Shares of OTCMKTS GDRZF opened at $3.94 on Friday. Gold Reserve has a 12-month low of $1.15 and a 12-month high of $4.70. The company has a market cap of $392.23 million and a PE ratio of -15.15. The stock has a 50 day simple moving average of $2.40 and a 200-day simple moving average of $2.38.

Gold Reserve (OTCMKTS:GDRZF) last posted its quarterly earnings data on Thursday, November 13th. The company reported ($0.08) earnings per share for the quarter.

About Gold Reserve

Gold Reserve Inc is a mineral exploration and development company incorporated in Nevada with executive offices in Vancouver, British Columbia, and Littleton, Colorado. The company focuses on the acquisition, exploration and development of precious and base metal deposits, primarily in South America. Gold Reserve’s corporate strategy centers on advancing its flagship mining interests toward production while managing the legal and regulatory framework surrounding its assets.

The company’s main asset is the Brisas Project, a former gold‐copper porphyry deposit located in Bolívar State, Venezuela.