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

Gold Reserve Inc. (OTCMKTS:GDRZF) was the target of a significant increase in short interest in the month of November. As of November 15th, there was short interest totalling 165,100 shares, an increase 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 Trading Up 8.7 %

OTCMKTS:GDRZF traded up $0.12 during trading hours on Thursday, reaching $1.50. 152,320 shares of the company were exchanged, compared to its average volume of 102,292. The business has a 50 day moving average of $2.25 and a 200 day moving average of $3.32. Gold Reserve has a 1-year low of $1.09 and a 1-year high of $4.92.

About Gold Reserve

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.