Gold Reserve Inc. (OTCMKTS:GDRZF) Short Interest Update

Gold Reserve Inc. (OTCMKTS:GDRZF) saw a large drop in short interest in December. As of December 15th, there was short interest totaling 69,071 shares, a drop of 20.3% from the November 30th total of 86,672 shares. Based on an average trading volume of 135,919 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.1% of the shares of the stock are short sold. Approximately 0.1% of the shares of the stock are short sold. Based on an average trading volume of 135,919 shares, the days-to-cover ratio is currently 0.5 days.

Gold Reserve Trading Down 2.4%

GDRZF traded down $0.04 on Wednesday, reaching $1.61. The stock had a trading volume of 33,395 shares, compared to its average volume of 125,100. The company has a market capitalization of $160.28 million and a price-to-earnings ratio of -6.19. Gold Reserve has a fifty-two week low of $1.15 and a fifty-two week high of $4.26. The firm has a 50-day moving average of $1.48 and a 200-day moving average of $2.22.

Gold Reserve (OTCMKTS:GDRZF) last issued its quarterly earnings data on Thursday, November 13th. The company reported ($0.08) earnings per share (EPS) for the quarter.

About Gold Reserve

Gold Reserve Inc is a mineral exploration and development company incorporated in Nevada with executive offices in Vancouver, British Columbia, and Littleton, Colorado. The company focuses on the acquisition, exploration and development of precious and base metal deposits, primarily in South America. Gold Reserve’s corporate strategy centers on advancing its flagship mining interests toward production while managing the legal and regulatory framework surrounding its assets.

The company’s main asset is the Brisas Project, a former gold‐copper porphyry deposit located in Bolívar State, Venezuela.