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

Gold Reserve Inc. (OTCMKTS:GDRZF) was the recipient of a large growth in short interest in 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 volume of 150,400 shares, the days-to-cover ratio is currently 1.1 days.

Gold Reserve Price Performance

Shares of Gold Reserve stock traded up $0.05 on Friday, reaching $1.55. 8,363 shares of the company were exchanged, compared to its average volume of 101,885. The stock’s 50 day moving average price is $2.17 and its 200-day moving average price is $3.30. Gold Reserve has a 1-year low of $1.09 and a 1-year high of $4.92. The company has a market cap of $154.30 million, a P/E ratio of -15.50 and a beta of 0.61.

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.