Gold Reserve Inc. (OTCMKTS:GDRZF) Sees Large Growth in Short Interest

Gold Reserve Inc. (OTCMKTS:GDRZF) was the target of a large growth in short interest in the month of November. As of November 15th, there was short interest totalling 165,100 shares, a growth of 110.3% from the October 31st total of 78,500 shares. Based on an average daily trading volume, of 150,400 shares, the short-interest ratio is presently 1.1 days.

Gold Reserve Stock Up 8.7 %

GDRZF traded up $0.12 on Thursday, reaching $1.50. The company had a trading volume of 152,320 shares, compared to its average volume of 102,292. Gold Reserve has a fifty-two week low of $1.09 and a fifty-two week high of $4.92. The company’s fifty day moving average is $2.25 and its 200 day moving average is $3.32.

Gold Reserve Company Profile

Gold Reserve Inc, an exploration stage company, engages in evaluating, acquiring, exploring, and developing mineral properties. It also holds interests in LMS Gold project located in Alaska, the United States. The company was founded in 1956 and is based in Spokane, Washington.