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

Riverside Resources Inc. (OTCMKTS:RVSDF) saw a large drop in short interest during 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 volume of 311,100 shares, the short-interest ratio is presently 0.1 days.

Riverside Resources Stock Down 4.5%

Shares of OTCMKTS:RVSDF opened at $0.11 on Wednesday. The stock’s 50-day moving average price is $0.13 and its 200-day moving average price is $0.11. Riverside Resources has a 12-month low of $0.08 and a 12-month high of $0.17.

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.