Entrée Resources Ltd. (OTCMKTS:ERLFF) Sees Significant Growth in Short Interest

Entrée Resources Ltd. (OTCMKTS:ERLFFGet Free Report) was the target of a large increase in short interest in April. As of April 15th, there was short interest totalling 39,600 shares, an increase of 26.9% from the March 31st total of 31,200 shares. Based on an average daily volume of 60,800 shares, the days-to-cover ratio is currently 0.7 days.

Entrée Resources Trading Up 2.3 %

OTCMKTS:ERLFF traded up $0.03 during trading hours on Tuesday, reaching $1.14. 16,893 shares of the stock were exchanged, compared to its average volume of 21,919. The firm has a 50 day simple moving average of $1.03 and a 200-day simple moving average of $0.95. Entrée Resources has a 52 week low of $0.83 and a 52 week high of $1.18.

Entrée Resources (OTCMKTS:ERLFFGet Free Report) last issued its quarterly earnings data on Friday, March 8th. The company reported ($0.02) EPS for the quarter.

Entrée Resources Company Profile

(Get Free Report)

Entrée Resources Ltd., a mining company, engages in the exploration, evaluation, and development of mineral property interests in Canada. Its principal asset is the Entrée/Oyu Tolgoi joint venture property comprising Hugo North Extension copper-gold deposit and the Heruga copper-gold-molybdenum deposit located in Mongolia.

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