Short Interest in Gold Reserve Inc. (OTCMKTS:GDRZF) Drops By 8.6%

Gold Reserve Inc. (OTCMKTS:GDRZFGet Free Report) was the recipient of a large decline in short interest during the month of July. As of July 15th, there was short interest totalling 54,500 shares, a decline of 8.6% from the June 30th total of 59,600 shares. Based on an average daily volume of 64,700 shares, the days-to-cover ratio is currently 0.8 days.

Gold Reserve Price Performance

GDRZF stock traded up $0.02 during trading hours on Thursday, reaching $4.07. The stock had a trading volume of 132,893 shares, compared to its average volume of 29,062. The stock has a market capitalization of $405.17 million, a PE ratio of -17.70 and a beta of 0.73. The stock has a 50-day simple moving average of $4.10 and a 200 day simple moving average of $3.46. Gold Reserve has a fifty-two week low of $1.95 and a fifty-two week high of $4.92.

Gold Reserve (OTCMKTS:GDRZFGet Free Report) last announced its quarterly earnings results on Wednesday, May 29th. The company reported ($0.01) earnings per share for the quarter.

Gold Reserve Company Profile

(Get Free Report)

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.

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