Riverside Resources Inc. (OTCMKTS:RVSDF) Short Interest Up 94.2% in June

Riverside Resources Inc. (OTCMKTS:RVSDF) saw a large growth in short interest in the month of June. As of June 30th, there was short interest totalling 87,600 shares, a growth of 94.2% from the June 15th total of 45,100 shares. Based on an average trading volume of 115,500 shares, the days-to-cover ratio is presently 0.8 days.

Riverside Resources Trading Up 5.7 %

RVSDF traded up $0.01 during trading hours on Friday, hitting $0.12. The stock had a trading volume of 66,100 shares, compared to its average volume of 55,457. Riverside Resources has a 1 year low of $0.07 and a 1 year high of $0.14. The company’s fifty day simple moving average is $0.11 and its 200 day simple moving average is $0.10.

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.