Rise Gold Corp. (OTCMKTS:RYES) Sees Significant Growth in Short Interest

Rise Gold Corp. (OTCMKTS:RYES) was the recipient of a large increase in short interest during the month of April. As of April 15th, there was short interest totalling 57,400 shares, an increase of 151.8% from the March 31st total of 22,800 shares. Based on an average trading volume of 92,300 shares, the days-to-cover ratio is currently 0.6 days.

Rise Gold Stock Performance

Shares of OTCMKTS RYES remained flat at $0.14 during midday trading on Friday. The company has a 50-day moving average price of $0.12 and a two-hundred day moving average price of $0.15. Rise Gold has a 1 year low of $0.10 and a 1 year high of $0.69.

About Rise Gold

Rise Gold Corp. explores for mineral properties in the United States. It holds a 100% interest in the Idaho-Maryland Gold Mine property that comprises approximately 175 acres surface land and approximately 2,560 acres of mineral rights located in the Grass Valley of Nevada County in northern California.