Short Interest in Gold Reserve Inc. (OTCMKTS:GDRZF) Declines By 34.9%

Gold Reserve Inc. (OTCMKTS:GDRZFGet Free Report) was the recipient of a significant decrease in short interest in October. As of October 31st, there was short interest totalling 78,500 shares, a decrease of 34.9% from the October 15th total of 120,600 shares. Based on an average daily volume of 91,300 shares, the days-to-cover ratio is presently 0.9 days.

Gold Reserve Stock Down 2.8 %

Shares of OTCMKTS GDRZF traded down $0.06 during trading hours on Friday, reaching $1.88. The stock had a trading volume of 10,830 shares, compared to its average volume of 103,731. Gold Reserve has a fifty-two week low of $1.31 and a fifty-two week high of $4.92. The firm has a 50-day moving average of $2.56 and a 200-day moving average of $3.41.

Gold Reserve (OTCMKTS:GDRZFGet Free Report) last released its quarterly earnings results on Tuesday, August 20th. The company reported ($0.04) 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.

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