Riverside Resources Inc. (OTCMKTS:RVSDF) Short Interest Down 28.2% in May

Riverside Resources Inc. (OTCMKTS:RVSDF) was the target of a large drop in short interest in the month of May. As of May 31st, there was short interest totalling 29,600 shares, a drop of 28.2% from the May 15th total of 41,200 shares. Based on an average daily trading volume, of 311,100 shares, the days-to-cover ratio is currently 0.1 days.

Riverside Resources Trading Down 4.5%

Shares of RVSDF stock opened at $0.11 on Wednesday. Riverside Resources has a fifty-two week low of $0.08 and a fifty-two week high of $0.17. The business’s 50 day moving average price is $0.13 and its 200-day moving average price is $0.11.

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.