Short Interest in Gold Reserve Inc. (OTCMKTS:GDRZF) Drops By 10.0%

Gold Reserve Inc. (OTCMKTS:GDRZFGet Free Report) was the recipient of a significant decrease in short interest in the month of January. As of January 31st, there was short interest totalling 54,800 shares, a decrease of 10.0% from the January 15th total of 60,900 shares. Based on an average daily volume of 79,600 shares, the days-to-cover ratio is presently 0.7 days.

Gold Reserve Stock Performance

Shares of Gold Reserve stock traded down $0.02 during midday trading on Monday, reaching $1.93. 34,182 shares of the company’s stock traded hands. The company has a market cap of $192.13 million and a PE ratio of -19.30. The stock has a 50 day moving average of $1.58 and a 200-day moving average of $2.37. Gold Reserve has a 12 month low of $1.09 and a 12 month high of $4.92.

Gold Reserve (OTCMKTS:GDRZFGet Free Report) last posted its quarterly earnings data on Wednesday, November 27th. The company reported ($0.03) earnings per share (EPS) 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.

Further Reading

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