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

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

Riverside Resources Price Performance

RVSDF remained flat at $0.09 on Thursday. The company had a trading volume of 39,762 shares, compared to its average volume of 49,801. The business has a fifty day simple moving average of $0.08 and a 200 day simple moving average of $0.09. Riverside Resources has a 52-week low of $0.07 and a 52-week 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.