Gold Reserve Inc. (OTCMKTS:GDRZF) Short Interest Down 42.4% in November

Gold Reserve Inc. (OTCMKTS:GDRZF) was the recipient of a significant decline in short interest in November. As of November 30th, there was short interest totalling 95,100 shares, a decline of 42.4% from the November 15th total of 165,100 shares. Based on an average trading volume of 112,600 shares, the days-to-cover ratio is presently 0.8 days.

Gold Reserve Trading Up 3.0 %

GDRZF stock traded up $0.05 on Thursday, hitting $1.70. 51,225 shares of the company’s stock traded hands, compared to its average volume of 99,236. Gold Reserve has a 1-year low of $1.09 and a 1-year high of $4.92. The stock has a fifty day moving average of $2.03 and a 200-day moving average of $3.19. The stock has a market cap of $169.24 million and a price-to-earnings ratio of -17.00.

Gold Reserve Company Profile

Gold Reserve Inc, an exploration stage company, engages in evaluating, acquiring, exploring, and developing mineral properties. It also holds interests in LMS Gold project located in Alaska, the United States. The company was founded in 1956 and is based in Spokane, Washington.