Riverside Resources Inc. (OTCMKTS:RVSDF) Sees Large Increase in Short Interest

Riverside Resources Inc. (OTCMKTS:RVSDF) was the target of a significant growth in short interest during the month of September. As of September 30th, there was short interest totalling 35,700 shares, a growth of 158.7% from the September 15th total of 13,800 shares. Based on an average daily volume of 120,100 shares, the days-to-cover ratio is presently 0.3 days.

Shares of RVSDF remained flat at $$0.11 during mid-day trading on Thursday. 44,030 shares of the stock traded hands, compared to its average volume of 78,717. The business has a 50 day simple moving average of $0.13 and a 200-day simple moving average of $0.14. Riverside Resources has a twelve month low of $0.10 and a twelve month high of $0.29.

About Riverside Resources

Riverside Resources, Inc engages in the acquisition, exploration and development of mineral properties in Mexico. Its projects include Los Cuarentas Gold-Silver, Cecilia Gold-Sliver, Sandy Gold, PeƱoles Gold-Silver, Tajitos Gold, and Ariel Copper-Gold. The company was founded by Warwick George Smith and Murray Seitz on July 4, 2006 and is headquartered in Vancouver, Canada.

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