Short Interest in Riverside Resources Inc. (OTCMKTS:RVSDF) Declines By 52.3%

Riverside Resources Inc. (OTCMKTS:RVSDFGet Free Report) was the target of a significant drop in short interest in the month of January. As of January 30th, there was short interest totaling 30,693 shares, a drop of 52.3% from the January 15th total of 64,362 shares. Based on an average trading volume of 174,805 shares, the days-to-cover ratio is presently 0.2 days. Based on an average trading volume of 174,805 shares, the days-to-cover ratio is presently 0.2 days.

Riverside Resources Price Performance

Shares of OTCMKTS:RVSDF opened at $0.18 on Thursday. Riverside Resources has a 52-week low of $0.09 and a 52-week high of $0.25. The business’s 50 day moving average is $0.17 and its 200 day moving average is $0.15.

Riverside Resources Company Profile

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Riverside Resources Inc is a Canada-based mineral exploration company focused on the discovery and development of precious and base metal deposits. Operating as a project generator, Riverside identifies prospective mineral properties and advances them through early-stage exploration before partnering with major mining companies under option and joint-venture agreements. This model allows the company to leverage its technical expertise and financial discipline while limiting its capital exposure.

The company’s portfolio spans several key mining jurisdictions, with a primary emphasis on Mexico.

Further Reading

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